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

  • Alessandra TandaEmail author
  • Cristiana-Maria Schena
Chapter
  • 2k Downloads
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

Technological progress and the dissemination of innovation have enabled FinTech 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 BigTech, FinTech companies have to collect and gather information and reach critical masses if they are to become formidable competitors.

Keywords

FinTech Unbundling Business model Financial services 

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Department of Economics and ManagementUniversity of PaviaPaviaItaly
  2. 2.Department of EconomicsUniversity of InsubriaVareseItaly

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