Download or read book Transformation Dynamics In Fintech An Open Innovation Ecosystem Outlook written by Anne-laure Mention and published by World Scientific. This book was released on 2021-10-13 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology-driven innovation in financial services has been attracting global attention and interest. FinTech innovation is presenting a paradigm shift in financial services affecting a wide range of products, processes and services but also sparking a broader evolutionary transformation, growth opportunities and foundational systemic and structural changes in light of technological interdependencies among market players, infrastructures and ecosystem stakeholders.Transformation Dynamics in FinTech contributes to the intellectual curiosity around the symbiotic relationship of finance and technology by focusing on the multidimensional and multidisciplinary role of open innovation within FinTech innovation, observing and communicating the latest technological, managerial, governance, policy and regulatory perspectives, trends and developments.This book is an essential reading for anyone interested in the growing and evolving development of FinTech ecosystems based on new capabilities and structures that create new dominant architectural designs, which determine competitive dynamics, products, services, processes, business models, markets, value chains, within an open and transformed financial services industry landscape.
Download or read book Artificial Intelligence and Transforming Digital Marketing written by Allam Hamdan and published by Springer Nature. This book was released on 2023-10-03 with total page 1145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how AI is transforming digital marketing and what it means for businesses of all sizes and looks at how AI is being used to personalize content, improve targeting, and optimize campaigns. This book also examines some of the ethical considerations that come with using AI in marketing.
Download or read book Fintech Ecosystem Transformation and Market Dynamics written by Ms.Veenu Joy Ms.ShivakamiRajan and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Open Innovation in the Financial Services written by Daniel Fasnacht and published by Springer Science & Business Media. This book was released on 2009-02-11 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open innovation means gathering new ideas from sources beyond organizational boundaries. It occurs when solutions to address clients’ needs are developed in collaboration and the resulting products and services are distributed through a flexible network of partners. Daniel Fasnacht’s book, the first of its kind, discusses open business models in the context of the financial services industry. He elaborates the drivers for strategic change such as increasingly sophisticated clients or demanding shareholders among other trends, including the recent global financial crisis, and explains why the transition from a closed model of operation to open innovation is vital. Various case studies illustrate how to integrate the client into the firm's innovation process and emphasize the importance of smart client segmentation and a holistic advisory model to serve clients around the globe. Leaders must develop a set of new management practices to be able to invest in multiple strategic directions. They are responsible for giving clients a remarkable experience and for creating social relationship capital based upon an open innovation culture. Open Innovation in the Financial Services provides a much-needed framework for helping to understand industry dynamics in banking and to make the most of organizational energy by using open innovation to sustain profitable growth. The book comes at the right time and offers a new mindset for business – not only for expansion strategies in general, but especially during turbulent times.
Download or read book The Routledge Handbook of FinTech written by K. Thomas Liaw and published by Routledge. This book was released on 2021-06-14 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of FinTech offers comprehensive coverage of the opportunities, challenges and future trends of financial technology. This handbook is a unique and in-depth reference work. It is organised in six thematic parts. The first part outlines the development, funding, and the future trends. The second focuses on blockchain technology applications and various aspects of cryptocurrencies. The next covers FinTech in banking. A significant element of FinTech, mobile payments and online lending, is included in the fourth part. The fifth continues with several chapters covering other financial services, while the last discusses ethics and regulatory issues. These six parts represent the most significant and overarching themes of FinTech innovations. This handbook will appeal to students, established researchers seeking a single repository on the subject, as well as policy makers and market professionals seeking convenient access to a one-stop guide.
Download or read book Innovation in Financial Services written by Anne-Laure Mention and published by . This book was released on 2014-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers together some of the most up-to-date thinking in the growing field of innovation in services and more particularly, in financial services. It explores the peculiarities of innovation in financial services firms and surrounding market players, discusses the open nature of the innovation process, and analyses its success factors and its interplay with strategy and performance. This book provides topical insights on the challenges facing the financial industry, such as the convergence with other sectors, and the increasing regulatory burden. By combining multidisciplinary approaches and by selecting a number of cutting-edge research models, theories, empirical findings and practitionersâ (TM) insights, it offers unique, contemporary and multidimensional perspectives on innovation for a sector of paramount importance for the running of economies around the world. This book comes at a time of turbulence, uncertainty and within an industry in need of vision and strategic foresight. By synthesizing multiple views from academia and practice, it opens the agenda and contributes to the on-going debate of redefining the multi-polar role of innovation in the financial industry.
Download or read book The Future of Finance written by Henri Arslanian and published by Springer. This book was released on 2019-07-15 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, written jointly by an engineer and artificial intelligence expert along with a lawyer and banker, is a glimpse on what the future of the financial services will look like and the impact it will have on society. The first half of the book provides a detailed yet easy to understand educational and technical overview of FinTech, artificial intelligence and cryptocurrencies including the existing industry pain points and the new technological enablers. The second half provides a practical, concise and engaging overview of their latest trends and their impact on the future of the financial services industry including numerous use cases and practical examples. The book is a must read for any professional currently working in finance, any student studying the topic or anyone curious on how the future of finance will look like.
Download or read book Handbook of Blockchain Digital Finance and Inclusion Volume 1 written by David LEE Kuo Chuen and published by Academic Press. This book was released on 2017-08-03 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1: Cryptocurrency, FinTech, InsurTech, and Regulation explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and will likely dictate the future of finance. The volume not only emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing, but it also looks at engineering theories and developments that encourage innovation. Its ability to illuminate present potential and future possibilities make it a unique contribution to the literature. Explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets Explains the practical consequences of both technologies and economics to readers who want to learn about subjects related to their specialties Encompasses alternative finance, financial inclusion, impact investing, decentralized consensus ledger and applied cryptography Provides the only advanced methodical summary of these subjects available today
Download or read book Open Innovation written by Anne-Laure Mention and published by World Scientific. This book was released on 2016-02-25 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: ' Open Innovation: A Multifaceted Perspective unveils research on open innovation from multidisciplinary perspectives and with practical insights from leaders and policy-makers. The first section addresses the links between open innovation and various disciplines, methods, concepts and policy instruments. The second section reviews selectively the literature, focusing essentially on open service innovation and innovation in financial services industries. It also explores different forms and types of practices reflecting the adoption and implementation of open innovation. The third section focuses on the management of open innovation, paying specific attention to the individual, intra- and inter-organizational levels. Contents:Part I:Unfolding Fifty Shades of Open Innovation: Stimulating Insights & Foresights (Anne-Laure Mention and Marko Torkkeli)Open Questions about Open Innovations (Leonid Chechurin)Open Data For Open Science: Aspirations, Realities, Challenges and Opportunities (Vera Lipton)Open Innovation or Innovation in the Open? An Exploration of the Strategy–Innovation Link in Five Scale-Intensive Services (Karl Joachim Breunig, Tor Helge Aas and Katja Maria Hydle)Sustainable Innovation: Solving Wicked Problems Through Innovation (Antti Hautamäki and Kaisa Oksanen)Futures of Innovation Systems and Innovation Management: Open Innovation Paradigm Analysed from Futures Perspectives (Jari Kaivo-oja and Teemu Santonen)Leveraging Design Thinking to Innovate (Denis Dennehy, Frederic Adam and Fergal Carton)Open Innovation Adoption Practices and Evaluation Methods in the Global Process Industry (Jarkko Pellikka, Miika Kajanus and Marko Seppänen)Open Innovation Networks: Exploring Actor Roles and Network Orchestration in Living Lab (Dimitri Schuurman, Bram Lievens, Carina Veeckman, Lieven De Marez and Pieter Ballon)Open Innovation and Territory (Marcin Baron)Living Labs and Open Innovation in European Context (Bror Salmelin)Part II:The Feasibility of Open Service Innovation (Tor Helge Aas and Per Egil Pedersen)Financial Services and Open Innovation (Patrick Schueffel and Iustin Vadana)How to Motivate and Reward Customers in an Online Co-Creation Process? (Maria Antikainen and Marketta Niemelä)Customer Involvement in Innovation in Service Sector (Jaakko Paasi)Can Crowdsourcing Platforms Be Used in B2B Innovation? (Hannu Kärkkäinen, Jari Jussila, Jani Multasuo and Nina Helander)Crowdsourcing for Value Creation in Lean Start-Ups (Pia Erkinheimo, Hannu Kärkkäinen and Jari Jussila)Open Innovation in University–Industry Collaboration: Communities of Practice (Päivi Iskanius)Characteristics of Open Innovation Cultures in Different Regional Contexts (Peter Prud''homme van Reine)Ambidextrous Organisational and Individual Competencies in OI: The Dawn of a New Research Agenda (Joachim Hafkesbrink and Markus Schroll)Understanding Open Service Innovation and the Role of Intermediaries (Wil Janssen, Timber Haaker and Harry Bouwman)Intra-Organisational Knowledge Flows: A Coopetition Perspective on Post-Acquisition and -Merger Activities (Audrey Depeige and Stavros Sindakis)Management of Diversity in Open Innovation Processes (Teemu Santonen) Readership: Graduate students, researchers, innovation managers, executives, policy makers in the field of innovation. Key Features:Multidisciplinary and inter disciplinarityTheory, Practice and Policy perspectives with contributors from all these economic segmentsDiversity of themes coveredKeywords:Open Innovation;Innovation Management;Innovation Economics;Crowdsourcing;Living Labs;Ecosystems;Skills and Competencies;Quadruple Helex Model;Communities of Practice;Strategy;Open Data;Multidisciplinary "In a world of accelerating change, open innovation is of growing interest to both researchers and practitioners as a powerful mechanism for understanding and driving renewal of smart service systems and networks. This book provides multiple perspectives on open innovation theory and practice for academic, industry, and government leaders including public policy makers seeking sustainable economic growth. The breadth and depth of the chapters is wonderful stimulation for inspiring needed ''adaptive T-shaped makers'' of tomorrow''s innovation ecosystems." Dr James C Spohrer Director, IBM University Programs (IBM UP) and Cognitive Systems Institute "How best to innovate and grow in an open internet world economy? This book takes Open Innovation into the real world. Required reading for all who want faster innovation now." Robert Madelin Director-General for DG CONNECT: Communications Networks, Content and Technology, European Commission '
Download or read book Frontiers in Quantum Computing written by Luigi Maxmilian Caligiuri and published by . This book was released on 2020-10 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantum Computing is an ever-increasing field of interest both from a conceptual and applied standpoint. Quantum Computing, belonging to the so called "Quantum Information Science", is founded on the principles of Quantum Mechanics and Information Science. Quantum Mechanics has radically changed our vision and understanding of the physical reality and has had also an enormous technological and societal impact. On the other hand, the developing of Information Theory, including computer science and communications theory, made possible the information "revolution" which had a deep impact on our everyday life. Quantum Computing then relates to the possibility to represent, process and manipulate information by using the principles of quantum mechanics. Apart the theoretical importance of quantum computing to further understand the quantum mechanical behavior of physical systems and the physical foundation of information itself at the most elementary level, probably the most interesting feature of Quantum Computing is related to the possibility to design and realize an actual quantum computer which processes information in the form of quantum-bits or qubits. The great interest of scientific community in the realization of such devices mainly concerns the common believe they could be enormously faster than their classical counterparts so allowing their employment in all the applied fields where computational power is a key feature. Furthermore, the study of Quantum Computing, both at the physical and computational level, would be very important for a deeper understanding of the quantum behavior of a very wide range of physical systems including condensed matter, living systems, elementary particles, astrophysical structures and so on. Despite the general theoretical basis of quantum computing are sufficiently understood, the actual realization of a general - purpose and really usable quantum computer has posed great difficulties so far, mainly related to the issue of "quantum decoherence", the computational speed and scalability many of which still remain substantially unsolved. This volume doesn't mean to represent a complete or a beginner guide to Quantum Computing but has the aim to present some of its most interesting and fascinating developments in different frontier areas related to both theoretical and applied aspects, such, for example, the possibility to realize a quantum superfast "hypercomputing" system using water molecules as physical substrate to process, storage and retrieve information; the connection between quantum computers and quantum gravity; the development of an "instantaneous quantum computer algorithm"; the realization of a universal quantum computer, of a brain-like quantum supercomputer and many others frontiers topics. The target audience of this book is then composed by scientists and researchers interested in the most advanced theoretical and applied developments of quantum computation and quantum information.
Download or read book Fintech and Islamic Finance written by Nafis Alam and published by Springer Nature. This book was released on 2019-10-02 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Technology (Fintech) has revolutionized the financial world as one of the fastest-growing segments in both the technology and financial sectors. With the usage of underlying principles of Blockchain technology, Fintech is bringing the financial community together and making financial services accessible to everyone. Fintech has far-reaching implications for Islamic finance such as banking, investment, insurance (takaful) and wealth management, which are benefitting from this usage. This book provides a comprehensive review of how Fintech is shaping the Islamic finance industry through three key aspects: Digitalization, Development and Disruption. The book will provide insight on the Shariahtech (Fintech in line with Shariah principle) and its application in the Islamic finance industry. The book also gives an overview of Blockchain and Fintech evolution and how they act as the building blocks of the digital financial landscape. Readers of the book will also get a detailed discernment on the Islamic viewpoint on cryptocurrency as well as the application of the smart contract in different Islamic financial services. The book provides students, academics and researchers with a detailed description of the Blockchain and Fintech application in Islamic finance.
Download or read book What s Your Digital Business Model written by Peter Weill and published by Harvard Business Press. This book was released on 2018-04-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital transformation is not about technology--it's about change. In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital--and the potential opportunity--they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In this concise, practical book, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet straightforward framework that has been field-tested globally with dozens of senior management teams. Based on years of study at the MIT Center for Information Systems Research (CISR), the authors find that digitization is moving companies' business models on two dimensions: from value chains to digital ecosystems, and from a fuzzy understanding of the needs of end customers to a sharper one. Looking at these dimensions in combination results in four distinct business models, each with different capabilities. The book then sets out six driving questions, in separate chapters, that help managers and executives clarify where they are currently in an increasingly digital business landscape and highlight what's needed to move toward a higher-value digital business model. Filled with straightforward self-assessments, motivating examples, and sharp financial analyses of where profits are made, this smart book will help you tackle the threats, leverage the opportunities, and create winning digital strategies.
Download or read book Fintech Inclusive Growth and Cyber Risks Focus on the MENAP and CCA Regions written by Ms.Inutu Lukonga and published by International Monetary Fund. This book was released on 2018-09-11 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of fintech and its contribution to inclusive growth and considers policy options to unlock the potential.
Download or read book The Future of FinTech written by Bernardo Nicoletti and published by Springer. This book was released on 2017-03-02 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to the state of the art in financial technology (FinTech) and the current applications of FinTech in digital banking. It is a comprehensive guide to the various technologies, products, processes, and business models integral to the FinTech environment. Covering key definitions and characteristics, models and best practice, as well as presenting relevant case studies related to FinTech and e-Business, this book helps build a theoretical framework for future discussion.
Download or read book FinTech written by Jelena Madir and published by Edward Elgar Publishing. This book was released on 2024-05-02 with total page 719 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fully revised and updated third edition provides a practical examination of legal and regulatory issues in FinTech, a sector whose rapid rise in recent years has produced opportunities for innovation but has also raised new challenges. Featuring insights from over 40 experts from 10 countries, this book analyses the statutory aspects of technology-enabled developments in banking and considers the impact these changes will have on the legal profession.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Managing Open Service Innovation written by Anne-laure Mention and published by World Scientific. This book was released on 2021-04-22 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the last fifteen years, open innovation has been one of the hottest topics in innovation management research. Digitalisation of the open innovation process has also emerged as a concept of high organisational value. The potential benefits of this concept and how firms organise, or should organise, in order to realize these benefits have been addressed in numerous empirical studies published in scientific journals as well as books. Responding to the need for further conceptual and empirical research on open innovation in services, this book reveals if and how service providers in different service sub-sectors have implemented the concept of open innovation. Based on rich empirical data, the book discusses the benefits and drawbacks, the processes, the characteristics and the management practices of open innovation in private as well as public service organizations.Through a series of empirical case studies focusing on the open innovation practices of different public and private service organizations, this book contributes to deepening our understanding of how the concept of open innovation has been implemented in services, and what challenges, achievements and benefits that are associated with the implementation of open innovation concepts in this sector. These insights it provides can assist managers of both private and public service providers to confidently implement open innovation in an efficient manner in their organizations.
