Global Fintech Financial Innovation in the Connected World

How the global financial services sector has been transformed by artificial intelligence, data science, and blockchain. Artificial intelligence, big data, blockchain, and other new technologies have upended the global financial services sector, creating opportunities for entrepreneurs and corporate...

Full description

Bibliographic Details
Main Author: Shrier, David L.
Other Authors: Pentland, Alex
Format: eBook
Language:English
Published: Cambridge The MIT Press 2022
Series:MIT Connection Science & Engineering
Subjects:
Online Access:
Collection: Directory of Open Access Books - Collection details see MPG.ReNa
LEADER 03088nma a2200397 u 4500
001 EB002045224
003 EBX01000000000000001188890
005 00000000000000.0
007 cr|||||||||||||||||||||
008 220822 ||| eng
020 |a 9780262369534 
020 |a 9780262543668 
020 |a 13673.001.0001 
100 1 |a Shrier, David L. 
245 0 0 |a Global Fintech  |h Elektronische Ressource  |b Financial Innovation in the Connected World 
260 |a Cambridge  |b The MIT Press  |c 2022 
300 |a 1 electronic resource (332 p.) 
653 |a Machine learning / bicssc 
653 |a E-commerce: business aspects 
653 |a Finance 
653 |a E-commerce: business aspects / bicssc 
653 |a Artificial intelligence 
653 |a Credit and credit institutions / bicssc 
700 1 |a Pentland, Alex 
700 1 |a Shrier, David L. 
700 1 |a Pentland, Alex 
041 0 7 |a eng  |2 ISO 639-2 
989 |b DOAB  |a Directory of Open Access Books 
490 0 |a MIT Connection Science & Engineering 
500 |a Creative Commons (cc), https://creativecommons.org/licenses/by-nc-nd/4.0/ 
028 5 0 |a 10.7551/mitpress/13673.001.0001 
856 4 2 |u https://directory.doabooks.org/handle/20.500.12854/84618  |z DOAB: description of the publication 
856 4 0 |u https://doi.org/10.7551/mitpress/13673.001.0001  |7 0  |x Verlag  |3 Volltext 
082 0 |a 700 
082 0 |a 330 
520 |a How the global financial services sector has been transformed by artificial intelligence, data science, and blockchain. Artificial intelligence, big data, blockchain, and other new technologies have upended the global financial services sector, creating opportunities for entrepreneurs and corporate innovators. Venture capitalists have helped to fund this disruption, pouring nearly $500 billion into fintech over the last five years. This book offers global perspectives on technology-fueled transformations in financial services, with contributions from a wide-ranging group of academics, industry professionals, former government officials, and current government advisors. They examine not only the struggles of rich countries to bring the old analog world into the new digital one but also the opportunities for developing countries to "leapfrog" directly into digital. The book offers accessible explanations of blockchain and distributed ledger technology and explores big data analytics. It considers, among other things, open banking, platform-based strategies for banks, and digital financial services. Case studies imagine possible future fintech-government interaction, emphasizing that legal and regulatory frameworks can help to create trust in financial processes. The contributors offer novel takes and unexpected insights that will be of interest to fintech experts and nonexperts alike. Contributors Ajay Bhalla, Michelle Chivunga, John D'Agostino, Mark Flood, Amias Moore Gerety, Oliver R. Goodenough, Thomas Hardjono, Sharmila Kassam, Boris Khentov, Alexander Lipton, Lev Menand, Pinar Ozcan, Alex Pentland, Matthew Reed, David L. Shrier, Markos Zachariadis