The FINTECH Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries
John Wiley & Sons, Mar 21, 2016 - Business & Economics - 312 pages
A front-line industry insider's look at the financial technology explosion
The FINTECH Book is your primary guide to the financial technology revolution, and the disruption, innovation and opportunity therein. Written by prominent thought leaders in the global fintech investment space, this book aggregates diverse industry expertise into a single informative volume to provide entrepreneurs, bankers and investors with the answers they need to capitalize on this lucrative market. Key industry developments are explained in detail, and critical insights from cutting-edge practitioners offer first-hand information and lessons learned.
The financial technology sector is booming, and entrepreneurs, bankers, consultants, investors and asset managers are scrambling for more information: Who are the key players? What's driving the explosive growth? What are the risks? This book collates insights, knowledge and guidance from industry experts to provide the answers to these questions and more.
The fintech market captured over US$14 billion in 2014, a three-fold increase from the previous year. New startups are popping up at an increasing pace, and large banks and insurance companies are being pushed toward increasing digital operations in order to survive. The financial technology sector is booming and The FINTECH Book is the first crowd-sourced book on the subject globally, making it an invaluable source of information for anybody working in or interested in this space.
From inside the book
... Exchange Hybrid Digital Finance Platform Convergence Digital Currencies and Mobile Transactions Interoperability – The Integration Challenge (and Opportunity) Notes Blockchain and Crypto-currencies How Does Digital Currency Work?
Whether that online performance will translate to dominance in face-to-face transactions remains to be seen. Today, the company boasts more than 100 million active accounts and processes an average of US$315 million in payments every ...
The use of the distributed ledger brings additional value in the recording of non-financial asset ownership and, coupled with digital currency, could provide a platform for future innovation to reduce costs and speed up transactions.
The Apple watch already allows the wearer to check their banking balance, track their transaction history, and find a nearby branch – once the mobile banking transaction systems are expanded and improved, the functionality of these ...
In this respect, blockchain (the technology on which bitcoin is based) is a distributed data store that holds a public ledger of transactions for crypto-currencies, such as bitcoin itself. A dedicated chapter in the book covers ...