Financial Services and Fintech

Nicoletti, Bernardo

doi:10.1007/978-3-319-51415-4_2

Financial Services and Fintech

Bernardo Nicoletti³

Chapter
First Online: 03 March 2017

13k Accesses
18 Citations

Part of the book series: Palgrave Studies in Financial Services Technology ((FST))

Abstract

Fintech organizations, mainly startups, are reshaping the financial services industry, offering customer-centric services capable of combining speed and flexibility, backed by forward-looking strategies, and cutting-edge business models.

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Notes

1.
http://seekingalpha.com/news/3193629-italy-tasks-jpmorgan-50b-bank-bailout, Accessed 20 August 2016.
2.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10664372/RBS-has-lost-all-the-46bn-pumped-in-by-the-taxpayer.html, Accessed 26 July 2016.
3.
http://www.investing.businessweek.wallst.com/research/stocks/financials/financials.asp?ticker=DBK:GR, Accessed 26 July 2016.
4.
http://www.streetinsider.com/Credit+Ratings/S%26P+Takes+Ratings+Actions+on+Several+U.K.,+German,+Swiss,+and+Austrian+Banks+(BCS)+(DB)+(CS)+(LYG)+(RBS)/10222021.html, Accessed 26 July 2016.
5.
file:///C:/Users/Nicoletti/Downloads/PwC%20study%20impact%20of%20bank%20structural%20reform%20(3).pdf, Accessed 20 August 2016.
6.
http://ec.europa.eu/economy_finance/publications/publication15887_en.pdf, Accessed 20 August 2016.
7.
https://global.handelsblatt.com/edition/296/ressort/finance/article/deutsche-banks-late-start, Accessed 26 July 2016.
8.
http://www.nytimes.com/2015/11/12/business/dealbook/unicredit-of-italy-to-cut-18200-jobs-as-part-of-overhaul.html?_r=0, Accessed 26 July 2016.
9.
http://www.reuters.com/article/us-barclays-employment-asia-idUSKCN0UZ0UP, Accessed 26 July 2016.
10.
https://transferwise.com/gb/blog/how-technology-is-democratising-the-financial-services-sector, Accessed 24 August 2016.
11.
http://www.bis.org/publ/mktc07.pdf, Accessed 20 August 2016.
12.
http://www.oxforddictionaries.com/it/definizione/inglese/fintech, Accessed 20 August 2016.
13.
https://en.wikipedia.org/wiki/Financial_technology, Accessed 20 August 2016.
14.
https://www.linkedin.com/pulse/what-fintech-attempting-definition-patrick-schueffel, Accessed 25 July 2016.
15.
https://www.kickstarter.com/, Accessed 20 August 2016.
16.
https://www.wealthfront.com/, Accessed 20 August 2016.
17.
Volcker, P. (2009), The only thing useful banks have invented in 20 years is the ATM, The New York Post, available at http://nypost.com/2009/12/13/the-only-thing-useful-banks-have-invented-in-20-years-is-the-atm/, Accessed 1 August 2016.
18.
Venture Scanner, 2016. Fintech Q1 Update, [online] Available at: http://insights.venturescanner.com/category/financial-technology/, Accessed 27 July 2016.
19.
EY (2016), UK FinTech: on the cutting edge, EY Report.
20.
EY (2016), UK Fintech: on the cutting edge, EY Report.
21.
http://www.ey.com/Publication/vwLUAssets/EY-UK-FinTech-On-the-cutting-edge-Executive-summary/$FILE/EY-UK-FinTech-On-the-cutting-edge-exec-summary.pdf, Accessed 20 August 2016.
22.
Financial Conduct Authority’s Project Innovate celebrates the first anniversary with plans for “regulatory sandbox”, www.fca.org.uk, 2015, Accessed 20 August 2016.
23.
Accenture (2014), The Rise of Fintech: New York’s Opportunity for Tech Leadership, Accenture Report.
24.
https://avpn.asia/wp-content/uploads/2016/03/The-2015-Asia-Pacific-Alternative-Finance-Benchmarking-Report.pdf, Accessed 01 August 2016.
25.
https://www.crowdfundinsider.com/2016/08/88693-china-winning-fintech-revolution/, Accessed 04 August 2016.
26.
GDP is the gross domestic product, which is the value of all final goods and services produced within a state in a given year. The GDP can be adjusted for purchasing power parity (PPP) calculations.
27.
http://www.PwC.co.nz/PWC.NZ/media/pdf-documents/industries/financial-services/PwC-global-fintech-report-2016-blurred-lines-how-fintech-is-shaping-financial-services.pdf, Accessed 20 August 2016.
28.
For an example, see: https://www.finextra.com/newsarticle/29255/bitcoin-tumbles-as-hackers-steal-65-million-from-hong-kong-exchange, Accessed 20 August 2016.
29.
https://www.fireeye.com/content/dam/fireeye-www/global/en/current-threats/pdfs/fireeye-wwc-report.pdf, Accessed 20 August 2016.
30.
http://www.kpmg.com/FR/fr/activite/Advisory/RiskConsulting/Documents/KPMG-Frontiers-In-Finance-June-2015.pdf, Accessed 20 August 2016.
31.
https://econsultancy.com/blog/68159-five-ways-fintech-upstarts-are-disrupting-established-financial-institutions/, Accessed 10 August 2016.
32.
https://newsroom.accenture.com/news/global-fintech-investment-growth-continues-in-2016-driven-by-europe-and-asia-accenture-study-finds.htm, Accessed 26 July 2016.

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Rome, Italy
Bernardo Nicoletti

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Nicoletti, B. (2017). Financial Services and Fintech. In: The Future of FinTech. Palgrave Studies in Financial Services Technology. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-51415-4_2

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DOI: https://doi.org/10.1007/978-3-319-51415-4_2
Published: 03 March 2017
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-51414-7
Online ISBN: 978-3-319-51415-4
eBook Packages: Economics and FinanceEconomics and Finance (R0)

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