Introduction to Financial Technology

Introduction to Financial Technology

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 ...

Author: Roy S. Freedman

Publisher: Elsevier

ISBN: 0080461840

Category: Computers

Page: 368

View: 693

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: 891

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

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: 811

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

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: 950

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

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: 300

Categories:

The Future of FinTech

The Future of FinTech

This book provides an introduction to the state of the art in financial technology (FinTech) and the current applications of FinTech in digital banking.

Author: Bernardo Nicoletti

Publisher: Palgrave Macmillan

ISBN: 3319514148

Category: Business & Economics

Page: 328

View: 912

This book provides an introduction to the state of the art in financial technology (FinTech) and the current applications of FinTech in digital banking. It is a comprehensive guide to the various technologies, products, processes, and business models integral to the FinTech environment. Covering key definitions and characteristics, models and best practice, as well as presenting relevant case studies related to FinTech and e-Business, this book helps build a theoretical framework for future discussion.
Categories: Business & Economics

Creating Strategic Value through Financial Technology

Creating Strategic Value through Financial Technology

Context. FinTech. INTRODUCTION. The aftermath of the Great Recession left a market environment that was incredibly suitable for FinTech companies to emerge. Key elements of this environment included banks tightening credit standards, ...

Author: Jay D. Wilson, Jr.

Publisher: John Wiley & Sons

ISBN: 9781119243755

Category: Business & Economics

Page: 288

View: 483

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

Impact of Financial Technology FinTech on Islamic Finance and Financial Stability

Impact of Financial Technology  FinTech  on Islamic Finance and Financial Stability

INTRODUCTION Financial technology (Fintech) is a combination of an innovative business model and technology solution in facilitating daily financial services. Fintech is a complex ecosystem that covers a large scope of techniques from ...

Author: Naifar, Nader

Publisher: IGI Global

ISBN: 9781799800415

Category: Business & Economics

Page: 312

View: 997

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

Blockchain Fintech and Islamic Finance

Blockchain  Fintech  and Islamic Finance

Introduction In the past, fintech was dismissed by traditional financial industry professionals as new skin on old rails. In actuality, Fintech sets new performance standards and has the potential to raise traditional banking and ...

Author: Hazik Mohamed

Publisher: Walter de Gruyter GmbH & Co KG

ISBN: 9781547400980

Category: Business & Economics

Page: 236

View: 764

While creating new forms (Shari'ah-compliant standards) to operationalize Islamic values and ethics into the current conventional economic system and banking products is crucial to sustain the Islamic economy as it is today, we also need to develop new strategies to cope with the next economic evolution. The digital revolution in financial services is under way, and digital disruption has the potential 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. This forward-looking book discusses the crucial innovation, structural and institutional development for financial technologies (fintech) in Islamic finance. The authors explain concepts in fintech and blockchain technology and follow through with their applications, challenges and evolving nature. The book provides insights into technology which will enable and enhance actual prescribed Islamic behaviors in modern economic transactions. Case studies highlight how to cope with modern transactional behavior with the advent of global online/mobile markets, shorter attention spans, and impersonal trade exchange.
Categories: Business & Economics

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: 395

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