A Model of Digital Payment Infrastructure Formation and Development: The EU Regulator's Perspective

    Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

    Abstrakt

    The payment field is being rapidly transformed. New players have emerged and are threatening the well-established positions of the incumbents. This process is driven by technology change and market forces, and it is shaped by the increasing role of the regulator. When considering the change in the regulatory environment and combining it with the disruptive and innovative nature of the mobile phone, the result is a market that is rapidly transforming from well-established structure into a state of flux. We build a model to understand and explain this transformation of the digital payment infrastructure. The model captures the formation and development of the digital payment infrastructure with a particular emphasis on the regulator´s and innovator’s perspective. It consists of four stages characterized by slow incremental change which are followed by short and rapid bursts of discontinuity. Each stage is portrayed by its evolutionary dynamics, the nature of the payment platform, the legal implications, the level of competition, and what drives the discontinuity.
    OriginalsprogEngelsk
    TitelProceedings: 13th International Conference on Mobile Business, ICMB 2014
    RedaktørerCarsten Sørensen, Youngjin Yoo
    Antal sider12
    Udgivelses stedAtlanta, GA
    ForlagAssociation for Information Systems. AIS Electronic Library (AISeL)
    Publikationsdato2014
    Artikelnummer16
    StatusUdgivet - 2014
    BegivenhedICMB 2014: The 13th International Conference on Mobile Business - London, Storbritannien
    Varighed: 4 jun. 20145 jun. 2014
    Konferencens nummer: 13
    http://www.mbusiness2014.org/ICMB2014.html

    Konference

    KonferenceICMB 2014
    Nummer13
    LandStorbritannien
    ByLondon
    Periode04/06/201405/06/2014
    Internetadresse
    NavnInternational Conference on Mobile Business. Proceedings
    Vol/bind13
    ISSN1935-4908

    Bibliografisk note

    CBS Bibliotek har ikke adgang til materialet

    Emneord

    • Digital payments
    • Multi-sided platform
    • EU payment regulation
    • Digital infrastructures

    Citationsformater

    Staykova, K., & Damsgaard, J. (2014). A Model of Digital Payment Infrastructure Formation and Development: The EU Regulator's Perspective. I C. Sørensen, & Y. Yoo (red.), Proceedings: 13th International Conference on Mobile Business, ICMB 2014 [16] Atlanta, GA: Association for Information Systems. AIS Electronic Library (AISeL). International Conference on Mobile Business. Proceedings, Bind. 13