Introducing the FinTech Revolution

Alessandra Tanda and Cristiana-Maria Schena ()
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Cristiana-Maria Schena: University of Insubria

Chapter Chapter 1 in FinTech, BigTech and Banks, 2019, pp 1-5 from Palgrave Macmillan

Abstract: Abstract The digitalisation of financial markets is having a profound impact on the nature of client financial product and service provision. New entrants (FinTechFinTech and BigTechBigTech firms) are now operating on the financial markets by leveraging advanced technologies and innovative business models, applying competitive pressure to incumbent firms. This book analyses the business models used by FinTech and BigTech firms and banking institutions in order to highlight differences and analogies, including in the light of current debates over the need for a renewed regulatory framework which balances the potential risks and opportunities generated by FinTech.

Keywords: FinTechFinTech; BigTechBigTech; Digitalisation; Banks; Business model (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-030-22426-4_1

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DOI: 10.1007/978-3-030-22426-4_1

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