Fintech : The Technology Driving Disruption in the Financial Services Industry
Arjunwadkar, Parag Y.
Auerbach Pub 2018/04
261 p. illustrations ; 24 cm
Introduces the basics of Fin Tech and equips readers with the knowledge to get on the cutting edge of age we live in today.
Everything that we know about the world of finance is changing before us. Innovation is happening constantly, despite the protests of the traditional financial industry. With all the new technology that we have today, it is almost mind-blowing to think about the kind of technology that we will have in another ten years or so. The change is going to keep coming, the only thing we can do is get on board with it. This book introduces the basics of FinTech and equips readers with the knowledge to get on the cutting edge of age we live in today. Evolution of Financial Services: Financial Services. Collapse of "Too Big to Collapse." Green Shoots Transforming the Way Financial Services Are Managed. First-Generation Disruptions. Emergence of Unicorns. Fintechs as an Established Industry. Fintechs--Unchartered Territory for Traditional Business: Challenging Goliaths of Banking Industry. Replacing Wallets. Homecoming of a Safe Way of Leading Your Life. Keeping Fraudsters Away. Skin in the Game (Guaranteed Returns). Transforming the Experience. Collapse of the Great Wall. Thinking Like Me. Techtonic Shift in Technology Propelling Fintech Innovations: Emergence of App Stores. Cloud. Big Data and Hadoop. IoT. Blockchain. Artificial Intelligence. Opening the APIs. Fintech Revolution Is Everywhere: USA. Europe. The Dragon and Tiger Countries. Innovations in the Sahara and Amazons of the World. Funding the Fintechs: Large Banks Funding Fintechs. Convergence of Telecom and Retail to Banking Using the Fintech Route. Institutional Investors Jumping into the Fray. Self-funded Fintechs. Crowd-Sourced Fintechs. The Road Ahead for Fintechs: Disruptions a Hype or Reality. Let the Orders Flow. Making Money for Investors. Being Legally Compliant. Becoming the Torch Bearer to a More Simplified Financial Services Industry.