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The Technological Revolution in Financial Services Michael R. King

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The Technological Revolution in Financial Services By Michael R. King

The Technological Revolution in Financial Services by Michael R. King


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Summary

Industry specialists and thought leaders explain how financial services will evolve in the coming decade in response to heightened regulation, technological disruption, and changing demographics.

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The Technological Revolution in Financial Services Summary

The Technological Revolution in Financial Services: How Banks, Fintechs, and Customers Win Together by Michael R. King

The financial services industry is being transformed by heightened regulation, technological disruption, and changing demographics. These structural forces have lowered barriers to entry, increasing competition from within and outside the industry, in the form of entrepreneurial fintech start-ups to large, non-financial technology-based companies. The Technological Revolution in Financial Services is an invaluable resource for those eager to understand the evolving financial industry. This edited volume outlines the strategic implications for financial services firms in North America, Europe, and other advanced economies. The most successful banks, insurance companies, and asset managers will partner with financial technology companies to provide a better and more innovative experience services to retail customers and small businesses. Ultimately this technological revolution will benefit customers and lead to a more open and inclusive financial system.

About Michael R. King

Michael R. King is the Lansdowne Chair in Finance at University of Victoria's Gustavson School of Business. Richard W. Nesbitt is an adjunct professor at the University of Toronto's Rotman School of Management.

Table of Contents

Introduction: The Technological Revolution in Financial Services Michael R. King and Richard Nesbitt Section I: The Structural Forces Transforming Financial Services 1. Financial Technologies and the Disruption of Financial Services R. Jesse McWaters 2. The Economic Forces Driving FinTech Adoption across Countries Jon Frost 3. Banking and Finance since the Global Financial Crisis Tiff Macklem 4. Data and Privacy in the Next Decade Brian O'Donnell 5. How 'Open' is the Future of Banking? Data-Sharing and Open Data Frameworks in Financial Services Markos Zachariadis 6. The Impact of Banking Regulation on Technological Innovation Gregory P. Wilson Section II: New Strategies, Technologies, and Business Models 7. The Competitive Threat from TechFins and BigTech in Financial Services Michael R. King 8. Creating Strategic Value by Partnering with or Acquiring FinTechs Jay Wilson 9. A FinTech Founder's Perspective on The Future of Financial Services Andrew Graham 10. How the Global Asset Management Industry Will Change Richard Nesbitt and Satwik Sharma 11. Next Generation Financial Advice: Re-imagining Wealth Management in the Age of Technology Chuck Grace and Andrew Sarta 12. Treasury and Technology Peter Levitt and Tom McGuire 13. Technology and Re-Imagining the Future of Housing Evan Siddall and Vicki Martin Section III: Succeeding in the FinTech Era 14. The Business Case for Gender Diversity in Financial Services Brenda Trenowden 15. Bank Strategy and Innovation Utilizing Technology Richard Nesbitt Conclusion: Putting the Customer First Michael R. King and Richard Nesbitt Contributors

Additional information

CIN1487506023VG
9781487506025
1487506023
The Technological Revolution in Financial Services: How Banks, Fintechs, and Customers Win Together by Michael R. King
Used - Very Good
Hardback
University of Toronto Press
20200820
448
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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