Fintech and the Remaking of Financial Institutions

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 bankingSheds new light on disruption, innovation and opportunity by placing the financial technology revolution in larger contexts

1. Introduction 2. Disruption and Disintermediation in Financial Services and Products: Why Now? 3. Money: A Medium of Exchange, Unit of Account and Store of Wealth 4. Financial Institutions 5. Bubbles, Panics, Crashes, and Crises 6. Bank Lending 7. Time Value of Money: Interest, Bonds, Money Market Funds 8. Equities, Efficient Markets, Exchanges 9. Foreign Exchange 10. Forwards, Futures, and Swaps 11. Commodities 12. Options 13. Startup Financing 14. Fintech in a Global Setting 15. Fintech and Government Regulation 16. Social issues: Income Distribution, Diversity, and Inclusiveness 17. The Future Millennial Bank—Your Parents’ Bank Integrates With the Disrupters