The effect of globalization in banking

In this study; we are seeking an answer about social, political and cultural consequences of globalization in the context of changing and transforming the world in the field of finance and banking, and what kind of financial order waiting for us in the future. Explaning where to envolve about the future's trade models, money transfer systems and digital currencies, intelligent artificial intelligence applications, with the nature of the work prepared with a theoretical infrastructure and presented today's current banking system will be history. Under the influence of globalization, there will be change both functioning and mentality of the concepts of risk, foreign trade, money transfers, the reason of the claiming today's banking system will be history, approaching these subjects culture, cultural definitions and global consumption culture, global marketing, environmental factors affecting global marketing decisions, consumer behaviors in global markets and the importance of Culture in marketing environment, possible changes emerging as a requirement of the concept of globalization at the innovative ways and methods. It has been demonstrated in our study by enriching literature with the views and works of various economists and scientists where the banking system can be envolved and what to talk about in the following years In the first part of this thesis, given some information about the general structure and functioning of globalization, the phenomenon of globalization, definition of globalization, economic globalization and mentioning its benefits, stages of globalization, dimensions of globalization in economic sense, effects of globalization and financial markets are mentioned. In this way it has been tried to be expressed more clearly in all its aspects the phenomenon of globalization, one of the important building blocks of thesis study. Also Bretton Woods's process within the scope of organizations that contribute to the expansion of globalization and the international organizations created after this were briefly mentioned In the second and third sections, the history of banking and the phenomenon of globalization in the banking system were evaluated. Financial liberalization and deepening, reasons for the globalization of banks, the reasons for the globalization of banks for emerging economies, the reasons for global banks to enter the national banking sector, the expectations of national banking sectors from global banking, and the effects of globalization of banks on the national finance market was examined. In the fourth chapter, addressing the subject of the financial innovations and innovation, the impact of the innovative ideas emerging as a necessity of globalization on the financial world has been evaluated within the cause-effect relationship. In the fifth and sixth sections, by given placing innovative models in banking, finance and commerce and possible banking in the next century, applications to replace the existing system in the world of Finance and commerce, with covering topics of the future technologies and concepts in banking and finance, blockchain applications, classification of virtual currency, the future of Crypto money the future have been shown. World Trade and its functioning, the potential impacts of the modern Silk Road Project, which is expected to change the supply chain of World Trade from its roots, have been evaluated and the result section has been started. In the conclusion section, saying being history nearly all of the today's classical banking applications, with the thesis risk, functioning and mentality of the foreign trade and money transfers concepts will be change due to the effect of globalization has been discussed in detail that resulting today's banking system will be history in the context of cause and effect relationship.