The evolution and revolution of fintech

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Chapter 2 in Fintech, 2022, pp 18-32 from Edward Elgar Publishing

Abstract: Several accounts have been suggested for the evolution of fintech, in the broad sense of using technology in the provision of financial services. These accounts differ with respect to dates, milestones and driving forces. As in the case of definitions, the historical evolution of fintech has been made such a controversial issue. Distinction is made between evolutionary and revolutionary innovations, and therefore between evolutionary and revolutionary fintech. Controversy has arisen as to whether fintech represents evolution or revolution.

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2022
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