The Technological Revolution in Financial Services
How Banks, FinTechs and Customers Win Together
By Michael R. King,Richard W. Nesbitt | Publisher: University of Toronto Press
About the book
The financial services industry is being transformed by heightened regulation, technological disruption, and changing demographics. These structural forces have lowered barriers to entry, increasing competition from within and outside the industry. While this industry is continuously evolving, the speed and breadth of changes over the past decade have been unprecedented.
The new entrants in financial services range from entrepreneurial FinTech start-ups to large, non-financial technology-based companies (TechFins and BigTech). While some new entrants may be looking to replace incumbents, others are motivated to partner with them. This increased competition is forcing the financial incumbents to improve their product offerings and customer service.
This edited volume outlines the strategic implications for financial services firms in North America, Europe, and other advanced economies. The most successful banks, insurance companies and asset managers will partner with financial technology (FinTech) companies to provide a better and more innovative experience to retail customers and small businesses. Ultimately this technological revolution will benefit customers and lead to a more open and inclusive financial system.
Editions of The Technological Revolution in Financial Services
- Hardcover
- ISBN 9781487506025
- EBook
- ISBN 9781487533144
- PDF
- ISBN 9781487533137
Read an Excerpt
The financial services industry is being transformed by heightened regulation, technological disruption, and changing demographics. These structural forces have lowered barriers to entry, increasing competition from within and outside the industry. While this industry is continuously evolving, the speed and breadth of changes over the past decade have been unprecedented.
The new entrants in financial services range from entrepreneurial FinTech start-ups to large, non-financial technology-based companies (TechFins and BigTech). While some new entrants may be looking to replace incumbents, others are motivated to partner with them. This increased competition is forcing the financial incumbents to improve their product offerings and customer service.
This edited volume outlines the strategic implications for financial services firms in North America, Europe, and other advanced economies. The most successful banks, insurance companies and asset managers will partner with financial technology (FinTech) companies to provide a better and more innovative experience to retail customers and small businesses. Ultimately this technological revolution will benefit customers and lead to a more open and inclusive financial system.
Frequently Asked Questions
What is The Technological Revolution in Financial Services about?
The financial services industry is being transformed by heightened regulation, technological disruption, and changing demographics. These structural forces have lowered barriers to entry, increasing competition from within and outside the industry. While this industry is continuously evolving, the speed and breadth of changes over the past decade have been unprecedented.
The new entrants in financial services range from entrepreneurial FinTech start-ups to large, non-financial technology-based companies (TechFins and BigTech). While some new entrants may be looking to replace incumbents, others are motivated to partner with them. This increased competition is forcing the financial incumbents to improve their product offerings and customer service.
This edited volume outlines the strategic implications for financial services firms in North America, Europe, and other advanced economies. The most successful banks, insurance companies and asset managers will partner with financial technology (FinTech) companies to provide a better and more innovative experience to retail customers and small businesses. Ultimately this technological revolution will benefit customers and lead to a more open and inclusive financial system.
What core themes, tropes, or subjects are explored in The Technological Revolution in Financial Services?
Economics, Finance, Business and Management > Business and Management
Where can I read a sample of The Technological Revolution in Financial Services?
You can read an official preview of the few pages here https://www.book2look.com/book/9781487506025
Who is/are the Author/s of the book The Technological Revolution in Financial Services?
Michael R. King,Richard W. Nesbitt
What are the ISBN numbers for the physical and digital editions?
The Technological Revolution in Financial Services is available as hardcover(ISBN 9781487506025) and ebook(ISBN 9781487533144) and pdf(ISBN 9781487533137)
Where can I buy The Technological Revolution in Financial Services online or support local independent bookshops?
You can buy The Technological Revolution in Financial Services from below
Where can I buy The Technological Revolution in Financial Services?