Title Reinventing Banking and Finance
Subtitle Frameworks to Navigate Global Fintech Innovation
Author Helene Panzarino, Alessandro Hatami
ISBN 9781789664096
List price GBP 29.99
Price outside India Available on Request
Original price
Binding Paperback
No of pages 280
Book size 159 x 235 mm
Publishing year 2021
Original publisher Kogan Page Limited
Published in India by .
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
Status New Arrival
About the book Send Enquiry
  
 

Reviews:

“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.”

Josh Bottomley, Global Head of Digital, HSBC

 

“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.”

Paolo Zaccardi, Co-Founder & CEO FABRICK, President HYPE

 

“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.”

James Haycock, General Manager UK, idean Capgemini

 

“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 transforming.”

Matthew Chen, Group CEO, Sunline Holding

 

“Provides an insider’s perspective on how technology is transforming financial services, I particularly enjoyed the historical context, the concept of the ideal Neobank and the profiles on the fintech hubs across the globe.”

Elias A. Baltassis, Partner and Director, Data & Analytics, Boston Consulting Group


Description:

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.

 

Key features at a glance:

  • Provides advice for banking and finance professionals on the drivers and challenges of innovation, and the possibilities of collaboration and partnerships
  • Explores the emergence of global fintech hubs, including London, New York, Tel Aviv, the Gulf and Shenzhen, and how their specialisms distinguish them
  • Contains examples of companies leading in innovation and interviews with innovators and experts to capture multiple perspectives
  • Covers current technology trends in banking and finance such as AI, machine learning, blockchain and digital identity
  • Outlines the background and building blocks of innovation in financial services and the key factors which have shaped the industry such as mobile, cybersecurity and big data


Contents:

List of figures and tables

About the authors

Foreword

Authors’ note

Acknowledgements

List of abbreviations

Chapter 01. The History of Banking • The origins of the modern bank • The fintech disruption • Back to the origins of banking • References

Chapter 02. The Digital Threat • The inevitability of digital disruption • Technology • Behaviour • Innovation and capital • Regulation • What is driving innovation? • References

Chapter 03. The Shape of the Perfect Neobank • What does disruption look like? • Why customers need banking • The perfect neobank • A concept – not a product • References

Chapter 04. The Journey from Bricks and Mortar to Digital • Phases of digital transformation • Innovation strategies • The big tech challenge • References

Chapter 05. The Fintech Hubs • People • Capital • Innovation • Regulation • The hubs and the tribes • References

Chapter 06. The Fintech Tribes • The bank challengers • The payments innovators • The champions of the unbanked • The social bank challengers • The infrastructure builders • Making banking better • References

Chapter 07. London • Background • Key strengths • Key institutions • Key events • Key actors • Key influencers • Conclusion • References

Chapter 08. The Gulf • Background • Key drivers • Islamic fintech: additional driver and opportunity • Key strengths • Regulation • Key institutions • Access to capital • Key events • Conclusion • References

Chapter 09. Paris • Background • History • Key strengths • Talent landscape • Access to capital • Profile of the regulator • The ecosystem • Key events • Key influencers • Where does the city on Seine go from here? • References

Chapter 10. New York City • Background • History • Silicon Alley (Flatiron) • New York City’s fintech ecosystem • Access to capital • Profile of the regulator • The ecosystem • Talent landscape • Key institutions • Key events • Stand-out fintechs • The future is bright • References

Chapter 11. Tel Aviv • History • Silicon Wadi • Key strengths • International financial institutions and large multinational corporations • Active and solid investor landscape • The ecosystem • Key influencers • Profile of the regulator • Key events • Moving forward • References

Chapter 12. Shenzhen • Background • History • Key strengths • Talent landscape • Access to capital • Accelerators and incubators • Most important players • Profile of the regulator • The ecosystem • Key events • Key influencers • Where does Shenzhen go from here? • References

Chapter 13. Final Thoughts • What is fintech and why does it matter? • The hubs • Outlook • What next? • References

Further reading

Index


About the Authors:

Originally a Commercial Banker, Helene Panzarino is a highly experienced Fintech Programme Director, exited entrepreneur, educator and author. Her most recent role was MD of the global Rainmaking Colab Fintech Programme, a world-first, post-accelerator programme for Series A+ FinTechs and Tier 1 financial institutions. Responsible for the Inaugural Programme of Education and Events for Innovate Finance, she is also an Associate Director of the LIBF Digital Banking Centre, the Lead Fellow and creator on a world-first Fintech Pathway in a Masters in Tech Entrepreneurship Degree for UCL, and co-creator and lead delivery partner on the Imperial College FinTech Executive Education Programme. Her specialist subject areas are Digital Banking and Alternative Finance (SMEs). She is also the CEO of the Banking Lab (London) enabling community banks and building societies to engage with the global Fintech community. A regular judge, speaker and moderator for the banking and Fintech awards and conferences, Helene was a BSI Fintech representative for the UK in Brussels and has been named on the Computer Weekly 100 Women in Tech Award 2018-19.

Alessandro Hatami is the founder of advisory firm Pacemakers.io, specialising in digital transformation in financial services. He has been a practitioner of digital innovation in banking for over 15 years, holding senior executive roles at businesses such as PayPal, Lloyds Banking Group, PayPoint and GE Capital. He is a regulated Non-Exec Director, mentor to FinTech start-ups and an investor in several early-stage tech companies. Alessandro is a well-known figure in the European fintech ecosystem and is a frequent speaker at events across the globe. He holds Engineering degrees from Georgia Tech and the University of Rome “La Sapienza” and an MBA from INSEAD. He lives in London with his wife and two daughters.


Target Audience:

This book is essential guide for finance professionals and banking executives.

 

 
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