Abstract
Nowadays, innovation in the financial field largely depends on the progress of technology. Artificial Intelligence, Block Chain, Cloud Computing and Data (ABCD for short) represent the modern technology frontier which has integrated and collaborated with each other. The cooperation of ABCD makes financial institutions better at sharing information, diversified innovative ways and channels, improving the degree and quality of integration between technology and finance. ABCD constitute the core of Fintech (combination of finance and technology). More importantly, it leads the pace of financial innovation, and also becomes the key weapon to obtain future development opportunities. Fintech plays a vital role in cooperative effort in marketing, risk control, auditing, investment consulting and research in the financial field. This article introduces the current situation of Fintech development and analyzes the relationship between Fintech and real economy. And shows how ABCD collaborate with each other for innovation to achieve an effective combination of finance and technology, so as to promote the development of real economy.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ye, W.: Intelligent transformation of financial technology and banking. China Finance (21), 67–68 (2017)
Lu, M., Yu, P.: Trends in Fintech and commercial bank innovation. Bankers (4), 127–130 (2017)
Wang, G., He, J.: Future and responsibility of Fintech. South. Finance (3), 14–17 (2017)
Philippon, T.: The Fintech opportunity. NBER Working Papers (2016)
Arner, D.W., Barberis, J.N., Buckley, R.P.: The evolution of Fintech: a new post-crisis paradigm? Soc. Sci. Electron. Publ. 47(4), 1271–1319 (2015)
Nicoletti, B.: Financial services and Fintech. In: Nicoletti, B. (ed.) The Future of Fintech. Springer, Cham (2017). https://doi.org/10.1007/978-3-319-51415-4_2
Wang, Y.: Study on the influencing factors of Fintech enterprise value based on value chain. Jiaotong University, Beijing (2017)
Yan, Y.: Research on innovation of financing system for high-tech SMEs. Wuhan University (2011)
Xu, Y.: Research on the construction and operation model of regional science and technology financial service platform. Suzhou University (2015)
Zhang, X.: Fintech summary of research. Chin. Commer. (2), 17–20 (2017)
Li, S.: Subject Group of Guangzhou Branch of the People’s Bank of China. Comparison and Enlightenment of Fintech Development between China and the United States. South. Finance (5), 3–9 (2017)
Acknowledgment
The authors would like to thank Professor Yuhua Luo, University of Balearic Islands, Spain, for her help and support to revise this paper with patience in making this work possible.
This work is a partial result of the project “Study on Countermeasure of Financial Technology Service to the Real Economy in Heilongjiang Province” (Project number: 2018-KYYWF-019), which is from the “Heilongjiang University Fundamental Scientific Research Expenses” and the project “Exploration and Research on the Cultivation of Financial Big Data Talents” (Project number: SJGZ20170027), which is from the “Higher Education Teaching Reform Project in Heilongjiang Province”.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Switzerland AG
About this paper
Cite this paper
Li, L., Qi, J., Zhao, L., Jiang, W. (2019). Mobile Finance with Collaborative Application of the Fintech ABCD Technologies. In: Luo, Y. (eds) Cooperative Design, Visualization, and Engineering. CDVE 2019. Lecture Notes in Computer Science(), vol 11792. Springer, Cham. https://doi.org/10.1007/978-3-030-30949-7_23
Download citation
DOI: https://doi.org/10.1007/978-3-030-30949-7_23
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-30948-0
Online ISBN: 978-3-030-30949-7
eBook Packages: Computer ScienceComputer Science (R0)