FinTech Activities and Business Models: Analogies and Differences with the Traditional Financial Channels

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

Chapter Chapter 2 in FinTech, BigTech and Banks, 2019, pp 7-36 from Palgrave Macmillan

Abstract: Abstract Technological progress and the dissemination of innovationinnovation have enabled FinTechFinTech companies to emerge. These are currently able to offer products and services in all areas of traditional financial intermediation, often outside the regulatory perimeter. Not only do FinTech companies provide new products and processes, but they also enter the market with new business models and services which respond better to customers’ demands and preferences. Via the unbundling and rebundling of financial services, FinTech companies are able to specialise in various business segments and potentially disrupt traditional incumbent activities. Nevertheless, in contrast to BigTechBigTech, FinTech companies have to collect and gather information and reach critical masses if they are to become formidable competitors.

Keywords: FinTechFinTech; Unbundling; Business model; Financial services (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_2

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DOI: 10.1007/978-3-030-22426-4_2

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