FinTech and Banking: An Evolving Relationship
Santiago Carbó-Valverde (),
Pedro Cuadros-Solas () and
Francisco Rodríguez-Fernández ()
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Santiago Carbó-Valverde: University of Granada
Francisco Rodríguez-Fernández: Funcas
Authors registered in the RePEc Author Service: Santiago Carbo Valverde
Chapter Chapter 6 in Disruptive Technology in Banking and Finance, 2021, pp 161-194 from Palgrave Macmillan
Abstract:
Abstract This chapter enriches discussions from earlier chapters to explore in further depth the evolving relationship between FinTech and Banking. It discusses the extent of impact of FinTech disruption on incumbent financial institutions, and by explaining how the relationships between new FinTech firm entrants and Banks have been evolving over time. More specifically, by providing a detailed overview of the competitive–collaborative relationship between FinTechs and banks. Furthermore, it offers a detailed overview of the contemporary FinTech ecosystem, including an analysis of the services offered by new competitors, as well as how the FinTech phenomenon has grown since its emergence.
Keywords: FinTech; Banking; Technology (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-81835-7_6
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DOI: 10.1007/978-3-030-81835-7_6
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