Introduction to Financial Technology

Introduction to Financial Technology

Material in Introduction to Financial Technology can be used in selected topics courses for programs in management of information systems, finance, financial engineering, and software engineering. The nonacademic financial community ...

Author: Roy S. Freedman

Publisher: Elsevier

ISBN: 0080461840

Category: Computers

Page: 368

View: 375

The financial technology environment is a dynamic, high-pressured, fast-paced world in which developing fast and efficient buy-and-sell order processing systems and order executing (clearing and settling) systems is of primary importance. The orders involved come from an ever-changing network of people (traders, brokers, market makers) and technology. To prepare people to succeed in this environment, seasoned financial technology veteran Roy Freedman presents both the technology and the finance side in this comprehensive overview of this dynamic area. He covers the broad range of topics involved in this industry--including auction theory, databases, networked computer clusters, back-office operations, derivative securities, regulation, compliance, bootstrap statistics, optimization, and risk management—in order to present an in-depth treatment of the current state-of-the-art in financial technology. Each chapter concludes with a list of exercises; a list of references; a list of websites for further information; and case studies. With amazing clarity, Freedman explains both the technology side and the finance side of financial technology Accessible to both finance professionals needing to upgrade their technology knowledge and technology specialists needing to upgrade their finance knowledge
Categories: Computers

Financial Technology and Disruptive Innovation in ASEAN

Financial Technology and Disruptive Innovation in ASEAN

Development FinTech has transformed smartphones into portable ATMs, which makes it convenient for people to use their finance through the comfort of their own home. The introduction of electronic money has also patch up theissues for ...

Author: Anshari, Muhammad

Publisher: IGI Global

ISBN: 9781522591856

Category: Business & Economics

Page: 331

View: 714

The emergence of financial technology (FinTech)-related products is causing major disruptions in financial services that enable financial solutions and innovative business models resulting in the fusion of finance and smart mobile technology. As ASEAN is undergoing a paradigm shift from government-to-government (G2G) to community-to-community (C2C) relationships with the emphasis on integration and collaboration, the adoption of FinTech and its possible future directions needs to be studied further. Financial Technology and Disruptive Innovation in ASEAN provides an assortment of innovative research that explores the recent FinTech initiative in ASEAN with respect to its process, strategies, challenges, and outcomes and highlights new business models, products, and services that affect financial markets and institutions and the provision of financial services. While highlighting topics including blockchain technology, cloud computing, and mobile banking, this book is ideally designed for business executives, managers, entrepreneurs, financial and banking practitioners, policymakers, academicians, students, professionals, and researchers.
Categories: Business & Economics

Impact of Financial Technology FinTech on Islamic Finance and Financial Stability

Impact of Financial Technology  FinTech  on Islamic Finance and Financial Stability

Second, the CBB has introduced a regulatory framework for Fintech and a sandbox for tech firms to test their innovations. It has had success in the crypto-space by hosting one of the first licensed crypto-exchanges.

Author: Naifar, Nader

Publisher: IGI Global

ISBN: 9781799800415

Category: Business & Economics

Page: 312

View: 921

With advancing technologies like distributed ledgers, smart contracts, and digital payment platforms, financial services must be innovative in order to remain relevant in the modern era. The adoption of financial technology affects the whole Islamic financial industry as well as the economic stability of a globalized world. There is a need for research that seeks to understand financial technology and the regulatory technology necessary to ensure financial security and stability. Impact of Financial Technology (FinTech) on Islamic Finance and Financial Stability is an essential publication that examines both the theory and application of newly-available financial services and discusses the impact of FinTech on the Islamic financial service industry. Featuring research on topics such as cryptocurrency, peer-to-peer transferring, and digital wallets, this book is ideally designed for researchers, bank managers, economists, analysts, market professionals, managers, executives, computer scientists, business practitioners, academicians, and students seeking coverage on how the latest in artificial intelligence, machine learning, and blockchain technology will redesign Islamic finance.
Categories: Business & Economics

Routledge Handbook of Financial Technology and Law

Routledge Handbook of Financial Technology and Law

Introduction. Advances in financial technology occur at an accelerating pace. They manifest in a profound and an equally rapid transformation of financial services, products and markets. Both incumbent and new actors make use of further ...

Author: Iris H-Y Chiu

Publisher: Routledge

ISBN: 9781000364668

Category: Law

Page: 486

View: 458

Financial technology is rapidly changing and shaping financial services and markets. These changes are considered making the future of finance a digital one.This Handbook analyses developments in the financial services, products and markets that are being reshaped by technologically driven changes with a view to their policy, regulatory, supervisory and other legal implications. The Handbook aims to illustrate the crucial role the law has to play in tackling the revolutionary developments in the financial sector by offering a framework of legally enforceable principles and values in which such innovations might take place without threatening the acquis of financial markets law and more generally the rule of law and basic human rights. With contributions from international leading experts, topics will include: Policy, High-level Principles, Trends and Perspectives Fintech and Lending Fintech and Payment Services Fintech, Investment and Insurance Services Fintech, Financial Inclusion and Sustainable Finance Cryptocurrencies and Cryptoassets Markets and Trading Regtech and Suptech This Handbook will be of great relevance for practitioners and students alike, and a first reference point for academics researching in the fields of banking and financial markets law.
Categories: Law

Understanding Cybersecurity Management in FinTech

Understanding Cybersecurity Management in FinTech

Finally, the chapter concludes by listing some popular FinTech applications. 1.1 Introduction to Financial Technology Financial technology refers to new processes, applications, business models, or products offered by the financial ...

Author: Gurdip Kaur

Publisher: Springer Nature

ISBN: 9783030799151

Category: Business & Economics

Page: 182

View: 403

This book uncovers the idea of understanding cybersecurity management in FinTech. It commences with introducing fundamentals of FinTech and cybersecurity to readers. It emphasizes on the importance of cybersecurity for financial institutions by illustrating recent cyber breaches, attacks, and financial losses. The book delves into understanding cyber threats and adversaries who can exploit those threats. It advances with cybersecurity threat, vulnerability, and risk management in FinTech. The book helps readers understand cyber threat landscape comprising different threat categories that can exploit different types of vulnerabilties identified in FinTech. It puts forward prominent threat modelling strategies by focusing on attackers, assets, and software and addresses the challenges in managing cyber risks in FinTech. The authors discuss detailed cybersecurity policies and strategies that can be used to secure financial institutions and provide recommendations to secure financial institutions from cyber-attacks.
Categories: Business & Economics

Creating Strategic Value through Financial Technology

Creating Strategic Value through Financial Technology

Contents ix SECTION THREE CHAPTER 9 Partnering with a FinTech Company 133 Introduction 133 Conclusion 154 Notes 155 CHAPTER 10 Early Stage FinTech Valuation Issues 156 Introduction 156 Why You Should Have a Valuation Performed 157 ...

Author: Jay D. Wilson, Jr.

Publisher: John Wiley & Sons

ISBN: 9781119243755

Category: Business & Economics

Page: 288

View: 922

Lessons in innovation from key FinTech trends and successes Creating Strategic Value through Financial Technology explores the growing Financial Technology (FinTech) industry to provide insight on how traditional financial institutions and FinTech companies can boost innovation and enhance valuation in a complex regulatory environment. In plumbing the depth and breadth of several niches within in the FinTech sector, author Jay Wilson uncovers key themes that have contributed to the industry's success; in this book, he maps them together to provide useful guideposts for investors, entrepreneurs, and traditional institutions looking to facilitate growth as technology and financial services collide. With an expert's perspective on FinTech history and outlook, certain trends and examples of value-enhancing strategies stand out. FinTech niches covered include: payments, crowdfunding, alternative/marketplace lending, the blockchain, and technology solutions in the context of banking, insurance, and investment companies. There is no denying the growing importance of technology in the financial services industry, and the FinTech sector offers valuable solutions for a diverse array of financial services providers and their customers. This book guides you through several niches of the FinTech sector, and highlights the most important takeaways from recent endeavors. Navigate the financial technology sector Enhance customer and product offerings Improve efficiency and cost structure Enhance profitability and company valuation from the intersection of technology and finance Innovation and customer preference is a key driver of FinTech's growth. Customers are demanding better value and convenience, and the organizations that provide it are reaping the rewards of growth. As financial regulations grow more and more complex, and customers are presented with more and more options, it is becoming imperative for traditional institutions to modernize processes and carve out a place in the future of financial services. Creating Strategic Value through Financial Technology provides a handbook for navigating that space, with practical guidance on how FinTech companies and traditional financial institutions can enhance profitability and valuation from the trends.
Categories: Business & Economics

AI and Financial Technology

AI and Financial Technology

In the context of credit services, fintech peer to peer lenders have introduced many opportunities, among which improved speed, better customer experience, and reduced costs. However, peer-to-peer lending platforms lead to higher risks, ...

Author: Paolo Giudici

Publisher: Frontiers Media SA

ISBN: 9782889633418

Category:

Page: 92

View: 988

Categories:

Proceedings of the First International Forum on Financial Mathematics and Financial Technology

Proceedings of the First International Forum on Financial Mathematics and Financial Technology

It was firstly introduced by Uchiyama, dated back to 1978 [1], which was not widely spread because it is written in ... the First International Forum on Financial Mathematics and Financial Technology, Financial Mathematics and Fintech, ...

Author: Zhiyong Zheng

Publisher: Springer Nature

ISBN: 9789811583735

Category: Business & Economics

Page: 236

View: 251

This book contains high-quality papers presented at the First International Forum on Financial Mathematics and Financial Technology. With the rapid development of FinTech, the in-depth integration between mathematics, finance and advanced technology is the general trend. This book focuses on selected aspects of the current and upcoming trends in FinTech. In detail, the included scientific papers focus on financial mathematics and FinTech, presenting the innovative mathematical models and state-of-the-art technologies such as deep learning, with the aim to improve our financial analysis and decision-making and enhance the quality of financial services and risk control. The variety of the papers delivers added value for both scholars and practitioners where they will find perfect integration of elegant mathematical models and up-to-date data mining technologies in financial market analysis.
Categories: Business & Economics

Blockchain Fintech and Islamic Finance

Blockchain  Fintech  and Islamic Finance

In the past, fintech was dismissed by traditional financial industry professionals as new skin on old rails. ... 1) in his book Introduction to Financial Technology describes financial technology as being concerned with building systems ...

Author: Hazik Mohamed

Publisher: Walter de Gruyter GmbH & Co KG

ISBN: 9783110745146

Category: Business & Economics

Page: 266

View: 407

Following the success of the first edition that brought attention to the digital revolution in Islamic financial services, comes this revised and updated second edition of Blockchain, Fintech and Islamic Finance. The authors reiterate the potential of digital disruption to shrink the role and relevance of today’s banks, while simultaneously creating better, faster, cheaper services that will be an essential part of everyday life. Digital transformation will also offer the ability to create new ways to better comply to Islamic values in order to rebuild trust and confidence in the current financial system. In this new edition, they explore current concepts of decentralized finance (DeFi), distributed intelligence, stablecoins, and the integration of AI, blockchain, data analytics and IoT devices for a holistic solution to ensure technology adoption in a prudent and sustainable manner. The book discusses crucial innovation, structural and institutional developments for financial technologies including two fast-growing trends that merge and complement each other: tokenization, where all illiquid assets in the world, from private equity to real estate and luxury goods, become liquid and can be traded more efficiently, and second, the rise of a new tokenized economy where inevitably new rules and ways to enforce them will develop to fully unleash their capabilities. These complementary and oft-correlated trends will complete the decentralization of finance and will influence the way future financial services will be implemented. This book provides insights into the shift in processes, as well as the challenges that need to be overcome for practical applications for AI and blockchain and how to approach such innovations. It also covers new technological risks that are the consequence of utilizing frontier technologies such as AI, blockchain and IoT. Industry leaders, Islamic finance professionals, along with students and academics in the fields of Islamic finance and economics will benefit immensely from this book.
Categories: Business & Economics

Crash Course Financial Technology

Crash Course Financial Technology

INTRODUCTION. The need of controlling the finance arose back in the past decades. Those time have the measures that were easily adaptable at that span of time. It started with book-keeping concept. To record every transaction, ...

Author: Can Akdeniz

Publisher: Can Akdeniz

ISBN:

Category:

Page: 40

View: 985

Fintech is the short from for Financial Technology. It can be defined as a measure to use technology to have a great access of financial aspects. Finance is the most important part of the working of an organization. It is that type of a department, that is responsible for the control of all the money that is involved in the business. From controlling the cost to handling the investment. Every aspect of money is surrounded by the finance department of the company. A company that lacks the measure to have a proper technique to control its finance as well as handling the finance that is available to it cannot survive in long run. The major aspects of the profitable company are molded as per the directions provided by the company's finance department. It is not limited to that but has importance to various other industries of the market such as financial institutes, insurance company, trading, etc.
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