The finance industry is currently going through a digital revolution with new and developing
technology transforming the world of banking and financial services beyond recognition. Banks
and financial institutions worldwide recognize the pressing need to innovate to avoid
disruption or displacement by highly agile and often smaller FinTech companies. Reinventing
Banking and Finance is a practical guide for finance professionals to current trends in FinTech
innovation frameworks the challenges of outsourcing or embedding innovation and how to
effectively collaborate with other organizations. Beginning with the history and background of
FinTech in financial services the book provides a thorough overview of the global FinTech
ecosystem and the drivers behind innovation in technologies business models and distribution
channels. Case studies of best practice examples and interviews with innovators experts and
academics shine a light on key financial innovation hubs in UK US Poland China Israel and
more and offer advice for institutions looking to choose the right market for their needs.
Covering genuine innovations in AI machine learning blockchain and digital identity
Reinventing Banking and Finance offers practical solutions to navigating the complex and
multi-layered finance industry.
