FinTech and the Remaking of Financial Institutions explores the transformative potential of new entrants and innovations on business models. In its survey and analysis of FinTech, the book addresses current and future states of money and banking. It provides broad contexts for understanding financial services, products, technology, regulations and social considerations. The book shows how FinTech has evolved and will drive the future of financial services, while other FinTech books concentrate on particular solutions and adopt perspectives of individual users, companies and investors. It sheds new light on disruption, innovation and opportunity by placing the financial technology revolution in larger contexts.
- Presents case studies that depict the problems, solutions and opportunities associated with FinTech
- Provides global coverage of FinTech ventures and regulatory guidelines
- Analyzes FinTech’s social aspects and its potential for spreading to new areas in banking
- Sheds new light on disruption, innovation and opportunity by placing the financial technology revolution in larger contexts
Upper-division undergraduates, graduate students, researchers, and professionals worldwide working in financial economics, innovation economics, and financial institutions and services
- What Do Banks Do?
2. How Have Banking Structures, Institutions, and Regulations Evolved over Time?
3. What is FinTech?
4. Why Has FinTech Blossomed at the Current Time?
5. Financing the Startup: Angels, Unicorns, and Unicorpses
6. Social Paradox: Despite Millennial Sensibilities, Startups Skew White, Male and Add to Income Inequality
7. What Additional Banking Areas Look Ripe for Innovation?
8. How Will Regulation Adapt to New FinTech?
9. They're Not Dead Yet: How Will Big Financial Institutions Work with FinTech Startups to Define the Market Structure of the Future?
- No. of pages:
- © Academic Press 2018
- 16th April 2018
- Academic Press
- Paperback ISBN:
John Hill is President and CEO of Derivatives Strategy Group. He previously served as Co-Head of Global Energy Futures at Merrill Lynch, and at ABN AMRO bank; worked as President and CEO of Broadway Futures Group, a small independent broker; and was Senior Vice President of North American Sales for Intercontinental Exchange (ICE). ICE was one of the first electronic platforms and was a model to many more recent start-ups. During his tenure at ICE, the company grew from a small, Atlanta-headquartered private company to a public company with an IPO valued at $12 billion. It now owns and operates the NYSE, among other businesses. In regard to this book, Mr. Hill worked as Senior Vice President at ICAP, the largest interdealer broker, where his focus was electronic business development and planning compliance with Dodd Frank regulations. He also worked as Product Manager at Markit, the global financial information and services company, as part of a team that evaluated and incubated FinTech projects both internal and external.
President and CEO of Derivatives Strategy Group, Rye, NY, USA
"John Hill sets out the landscape of the emerging world of disruptive financial services, drawing from recent examples to present a practical approach to learning about fintech in the first textbook on this topic. He connects a diverse set of topics in easy-to-digest chapters, setting these in the context of our existing financial ecology. The book is ideally suitable for advanced level undergraduate or masters students - for computer scientists in learning about financial services, and readers from economics and finance on how new computer platforms will transform their own industries." --Mark Perry, University of Michigan
"Fintech and the Remaking of Financial Institutions is a quality piece of work full of important information for those of us who want to explore Fintech and its future. This is a must-read primer for anyone considering Fintech." --Donghee Shin, Chung-Ang University
"There is no doubt that FinTech is one the key issues in the modern financial industry and FinTech and the Remaking of Financial Institutions by John Hill is an excellent book for anyone interested in the most recent technology developments in both banking sector and financial markets. This book covers not only the presentation of FinTech adoption in various types of financial services or institutions but also provides the analysis of its impact on the financial system and entire economy." --Adam Marszk, Politechnika Gdanska