Fintech and the Remaking of Financial Institutions

Fintech and the Remaking of Financial Institutions, Second Edition explores the transformative potential of new entrants and innovations on business models. In its survey and analysis of Fintech, this 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 second edition expands and updates topics covered in the first edition, with particular emphasis on current and expected impact of AI; maturation of crypto and consequent regulatory issues; international developments; and the continued integration of technology advances in large financial institutions. This book shows how Fintech has evolved and will drive the future of financial services. It sheds new light on disruption, innovation, and opportunity by placing the financial technology revolution in larger contexts.Presents snap shots of many Fintechs, identifying their successes, new opportunities,challenges, and solutionsProvides global coverage of Fintech ventures and regulatory guidelinesAnalyses Fintech's social aspects and its potential for spreading to new areas in bankingNew to the Second Edition: all chapters have been brought up to date, with newand additional material on big data, crypto currencies, regulatory actions, andcurrent and potential developments in Artificial Intelligence