Reinventing Banking And Finance (frameworks To Navigate Global Fintech Innovation)

By (author) Panzarino Helene; By (author) Hatami, Alessandro
Short description/annotation
Understand the global fintech ecosystem, recognise the emergence and specialisms of key hubs, and learn how collaboration can drive innovation.
Description
Named as the best overall book on banking of 2022 by Investopedia. 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 an essential 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 how banking got to the era of fintech, the book provides a thorough overview of the global fintech ecosystem and the drivers behind innovation in technologies, business models and distribution channels. Examples of key institutions and interviews with innovators and experts shine a light on key financial innovation hubs in UK, US, 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 expert insight into navigating the complex and multi-layered finance industry.
Table of contents

• • Chapter - 01: The History of Banking;
  • Chapter - 02: The Digital Threat;
  • Chapter - 03: The Shape of the Perfect Neobank;
  • Chapter - 04: The Journey from Bricks and Mortar to Digital;
  • Chapter - 05: The Fintech Hubs;
  • Chapter - 06: The Fintech Tribes;
  • Chapter - 07: London;
  • Chapter - 08: The Gulf;
  • Chapter - 09: Paris;
  • Chapter - 10: New York City;
  • Chapter - 11: Tel Aviv;
  • Chapter - 12: Shenzhen;
  • Chapter - 13: Final Thoughts;
  • Chapter - 14: Further reading

Review quote
"A compelling narrative of the history, forces, threats and opportunities that are reshaping the financial industry. The experience of the authors shines through in their confident and accessible writing, as well as in their cross-continental overview of the key institutions and people that are enabling better ways for all of us to manage our money in the mobile and data-centred world we live in."
Review quote
"With the emergence of fintech the banking industry is being dragged into the digital age kicking and screaming. This book describes how this transformation is taking place and how different parts of the globe are responding differently to the change. The authors'' perspectives, derived from their first-hand knowledge of digital transformation in banking, make it a compelling read."
Review quote
"A must read for every forward thinking banking executive. The radically simple neo bank model outlined is one all banks should consider as part of their transformation to a customer centric organization, while the thorough global review of fintech hubs will bring any seasoned innovator right up to date. What makes the sharp perspective shared in this book so credible is the industry experience both authors bring. Developed through extensive first-hand knowledge running banks and advising a whole host of fintechs the rigorous point of view is rare in a book like this."
Review quote
"In this book the authors describe the impact digital adoption is having on banking and financial services across the globe. A must read for anyone seeking to know more about how a fundamental industry is transfor