Template-Type: ReDIF-Article 1.0 Author-Name: Achraf Haddad Author-X-Name-First: Achraf Author-X-Name-Last: Haddad Author-Name: Anis El Ammari Author-X-Name-First: Anis El Author-X-Name-Last: Ammari Author-Name: Abdelfettah Bouri Author-X-Name-First: Abdelfettah Author-X-Name-Last: Bouri Title: Comparative study between solvencies of Islamic and conventional banks in a financial stable period: evidence from heterogeneous countries Abstract: Knowledge value is produced in particular by the methodological challenges of the comparative study. Based on a process of bibliographic research, available conditional observation and necessary statistical tests, we innovated an equiprobable comparison between the solvencies of conventional and Islamic banks over the period (2010-2018). In our study, we analysed the inherent difficulties that may affect the evaluation of these banks' solvencies. To solve this gap, the choice is limited to countries whose banking systems incorporate both Islamic and conventional banks. Using a filtering process, each conventional bank has its Islamic equivalence with a 95% rate. This restriction reduced the sample size to 63 banks each. The selected banks are all large and listed in different stock exchanges around the world. In the end, we found that conventional banks are more solvent than Islamic banks in a mixture of heterogeneous contexts during a financial stable period. Journal: Int. J. of Financial Services Management Pages: 50-74 Issue: 1 Volume: 11 Year: 2021 Keywords: conventional banks; Islamic banks; solvency; comparative study; financial stable period; heterogeneous contexts. File-URL: http://www.inderscience.com/link.php?id=115737 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijfsmg:v:11:y:2021:i:1:p:50-74 Template-Type: ReDIF-Article 1.0 Author-Name: Rajan Lakshmi Author-X-Name-First: Rajan Author-X-Name-Last: Lakshmi Author-Name: Vedala Naga Sailaja Author-X-Name-First: Vedala Naga Author-X-Name-Last: Sailaja Title: A study on high-frequency trading, technology and regulations in India Abstract: Algorithmic trading is a technology innovation of securities trading system. Innovation and development have been the main thrusts behind financialisation over the globe. One such innovative appearance, in the interest of limiting the risk and boosting the arrival and with the end goal to cling to the budgetary segment changes, is Algorithmic Trading (AT). In spite of the fact that AT is being utilised widely over the world, there is an absence of scholastic research on the proof of AT in the majority of the business sectors. The absence of proof stems from the equivocalness in meanings of AT and High-Frequency Trading (HFT) and their use reciprocally. The absence of proof likewise obstructs the comprehension and understanding of the effect of consistently expanding exceptional development in the speed of money related exchanges on the social hardware of worldwide economies. We exploit the reasonable definition and recognisable proof of AT in the Indian value market to give proof of AT and translating it as the exchange speed component of financialisation. This paper gives some facts in HFT technology and recent regulations given by our regulatory system SEBI. And this paper attempts to analyse their problems and also recommend changes. Journal: Int. J. of Financial Services Management Pages: 45-49 Issue: 1 Volume: 11 Year: 2021 Keywords: high-frequency trading; Sebi regulations; technological innovations; co-location; market volatility. File-URL: http://www.inderscience.com/link.php?id=115738 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijfsmg:v:11:y:2021:i:1:p:45-49 Template-Type: ReDIF-Article 1.0 Author-Name: Wan-Rung Lin Author-X-Name-First: Wan-Rung Author-X-Name-Last: Lin Author-Name: Chun-Yueh Lin Author-X-Name-First: Chun-Yueh Author-X-Name-Last: Lin Author-Name: Gong-Xian He Author-X-Name-First: Gong-Xian Author-X-Name-Last: He Title: Employee satisfaction with mobile payment systems: a case study of convenience stores in Taiwan Abstract: In recent years, with the rise of mobile payment systems, retailers in Taiwan have in succession developed their mobile wallets, which have significantly improved the convenience for people in shopping through a handy consumption model. This study identified store employee satisfaction with the operation of mobile payment systems as well as its correlation with personal influence based on the main framework of DeLone and McLean's information system success model and the case of the convenience stores where transactions are frequently conducted. The research results showed a significant positive relationship among system quality, information quality, service quality, satisfaction, and personal influence, and a significant positive relationship between satisfaction and personal information. Journal: Int. J. of Financial Services Management Pages: 27-44 Issue: 1 Volume: 11 Year: 2021 Keywords: mobile payment; retailer; D%M information system success model. File-URL: http://www.inderscience.com/link.php?id=115740 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijfsmg:v:11:y:2021:i:1:p:27-44 Template-Type: ReDIF-Article 1.0 Author-Name: Shruti Malik Author-X-Name-First: Shruti Author-X-Name-Last: Malik Author-Name: Girish Chandra Maheshwari Author-X-Name-First: Girish Chandra Author-X-Name-Last: Maheshwari Author-Name: Archana Singh Author-X-Name-First: Archana Author-X-Name-Last: Singh Title: Determinants of demand for credit by poor: evidence from urban slums of Mumbai Abstract: The purpose of this study is to empirically investigate the factors affecting the borrowing of poor people residing in urban slums of Mumbai in India. The people living in slums depict the urban poverty the most. It is pertinent that in current scenario of the drive for financial inclusion we study the socio-economic determinants of borrowing particularly in urban slums. The study entails a primary survey conducted with the help of a structured questionnaire from 448 urban households located in six major slum clusters of Mumbai. The Heckman two-stage model is used to analyse the data in two parts, i.e., determinants of demand for credit and the amount of credit. The finding of this paper presents a number of significant socio-economic factors influencing the borrowing behaviour. This study has various practical implications for policy makers and banks in effective formulation of policies for credit delivery. Journal: Int. J. of Financial Services Management Pages: 75-94 Issue: 1 Volume: 11 Year: 2021 Keywords: credit demand; urban slums; financial inclusion. File-URL: http://www.inderscience.com/link.php?id=115741 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijfsmg:v:11:y:2021:i:1:p:75-94 Template-Type: ReDIF-Article 1.0 Author-Name: Pushpanjali Kaul Author-X-Name-First: Pushpanjali Author-X-Name-Last: Kaul Author-Name: Sangeeta Arora Author-X-Name-First: Sangeeta Author-X-Name-Last: Arora Title: Pre- and post-rebranding performance evaluation: a case study of selected Indian banks Abstract: Banks in today's era have initiated many change management activities such as rebranding for enhancing their financial performance which, if successfully implemented, will upgrade finance based brand equity. The present research aims to empirically evaluate the differences in post-rebranding financial performance as compared to pre-rebranding financial performance of Axis Bank (name and logo change) and Canara Bank (logo change) that exercised rebranding activity during 2007. The data gathered for this study is divided into two event windows: pre-rebranding period (2003-2007) and post-rebranding period (2009-2013). Two levels of analysis have been performed on selected financial performance indicators. First, the performance trend patterns are examined across pre-rebranding period and post-rebranding period. Second, the paired sample t-test statistics is applied on pre- and post-rebranding financial performance. The findings indicate that the changes in name and logo yield significant addition to a firm's value and offer valuable insights to bankers and brand strategists. Journal: Int. J. of Financial Services Management Pages: 1-26 Issue: 1 Volume: 11 Year: 2021 Keywords: rebranding; banks; name and logo change; financial performance; change management; marketing strategy; brand identity and strategy change; Axis Bank; Canara Bank; firm value. File-URL: http://www.inderscience.com/link.php?id=115742 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijfsmg:v:11:y:2021:i:1:p:1-26