The developments of the Digital Economy will have a fundamental impact on structures and processes of eco- nomic systems. The paper first outlines the general de- riving challenges applying them then to the financial in- dustry and especially the retail banking sector. Based on this analysis the concept of a virtual bank is developed as a typical new intermediary in the financial industry.
Zimmermann, Hans-Dieter and Koerner, Veith, "Emerging Industrial Structures in the Digital Economy - the Case of the Financial Industry" (1999). AMCIS 1999 Proceedings. 39.