Description
Table of contents
Biographical note
Excerpt
This book, FINTECH is designed as a comprehensive guide for those who are new to FinTech. It serves as a valuable resource for seasoned professionals seeking to deepen their understanding of the latest trends and developments.
Salient Features
• Comprehensive coverage of FinTech Hubs, Digital Lending, Artificial Intelligence, Machine Learning and Robotic Process Automation.
• Extensive coverage of Cryptocurrencies, Blockchain, Digital Payments, FinTech Business Models, The Future of FinTech and Open Banking and Digital Only Banking.
• Covers FinTech Analytics and Infrastructure, RegTech, IoT and FinTech Regulations.
This book, FINTECH is designed as a comprehensive guide for those who are new to FinTech. It serves as a valuable resource for seasoned professionals seeking to deepen their understanding of the latest trends and developments.
Salient Features
• Comprehensive coverage of FinTech Hubs, Digital Lending, Artificial Intelligence, Machine Learning and Robotic Process Automation.
• Extensive coverage of Cryptocurrencies, Blockchain, Digital Payments, FinTech Business Models, The Future of FinTech and Open Banking and Digital Only Banking.
• Covers FinTech Analytics and Infrastructure, RegTech, IoT and FinTech Regulations.
- Cover
- Title Page
- Copyright Page
- Contents
- Preface
- Chapter 1 Introduction To Fintech
- Introduction
- Financial Technology: An Understanding
- What is FinTech?
- Definitions of FinTech
- The History and Evolution of the FinTech Industry
- FinTech Ecosystem
- FinTech’s Most Recent Developments
- FinTech Market in India
- Fintech Market Trends in India
- Types of FinTech or Transformation of Financial Services
- Benefits of FinTech
- The Drawbacks of FinTech
- FinTech’s Key Growth Drivers
- Challenges to the Growth of FinTech
- Summary
- Review Questions
- Chapter 2 Fintech Hubs
- Introduction
- The Purpose of Financial Hubs / Why do Financial Hubs Exist?
- Getting to know a Financial Hub
- FinTech Revolution in India
- Top Global FinTech Hubs
- FinTech Firms in India
- Emerging FinTech Hubs
- Summary
- Review Questions
- Chapter 3 Digital Lending
- Introduction
- FinTech and the Landscape of Digital Lending
- Development of Alternative Finance
- The Outlook for SME Financing
- Ecosystem Funding
- Crowd Finance
- Payment and Retail Business
- Digitization of Financial Services
- Benefits of Digitization in Retail Banking and Corporate Banking
- Summary
- Review Questions
- Chapter 4 Artificial Intelligence And Fintech
- Introduction
- Artificial Intelligence
- How Vital is Artificial Intelligence?
- AI and FinTech
- Global Artificial Intelligence (AI) in FinTech Market Overview
- Artificial Intelligence (AI) in FinTech Market Segmentation
- AI Changing the Financial Services Industry
- Artificial Intelligence (AI) in FinTech Market Opportunities
- Applications of Artificial Intelligence in FinTech
- Summary
- Review Questions
- Chapter 5 Machine Learning And Fintech
- Introduction
- Characteristics of Machine Learning
- Need of Machine Learning
- Significance of Machine Learning
- Machine Learning in Finance
- Functions of Machine Learning in Finance
- Advantages of Machine Learning for Accounting and Finance
- Use Cases of Machine Learning in Finance
- Benefits of Machine Learning in FinTech
- Summary
- Review Questions
- Chapter 6 Robotic Process Automation (RPA) And Fintech
- Introduction
- RPA in Banking
- RPA’s Advantages in Banking and Finance
- Financial Data Analytics
- Data Science and Big Data in Finance
- Big Data is Revolutionizing Finance
- Big Data Challenges in Finance
- Summary
- Review Questions
- Chapter 7 Crypto Currencies
- Introduction
- Cryptocurrencies and Blockchain
- Cryptocurrencies
- Outline of Cryptocurrency
- Major Types of Cryptocurrencies Used
- How to Keep Cryptocurrencies Safe
- Cryptocurrencies’ Legal and Regulatory Implications
- The Legal Position of Cryptocurrencies in India
- Impact on Cryptocurrencies
- Summary
- Review Questions
- Chapter 8 Blockchain
- Introduction
- What is Blockchain?
- Blockchain Technology, its Potential, and Applications
- Blockchain Technology is Revolutionising FinTech
- Blockchain Technology in FinTech
- Fintech Blockchain Use Cases
- The Benefits of Blockchain in FinTech
- Blockchain in Financial Services: Key Statistics
- Implementation on BCT Solutions in Indian Banks
- Benefit from Blockchain Technology (BCT) in Banking
- Block Chain Technology in Indian Banking Sector
- Challenges and Considerations
- Outlook for the Future
- Blockchain Technology in Supply Chain Management (SCM)
- Why do we need Blockchain?
- Integration of Blockchain with Supply Chain
- Use Cases of Blockchain with Supply Chain
- The Preservation of Food Safety
- Summary
- Review Questions
- Chapter 9 Digital Payments
- Introduction
- Forms of Digital Payments
- Advantages of Digital Payments
- Cashless / Cash-free Society
- DFS Eco System
- What Digital Financial Services hope to Achieve ?
- Use Cases are the Circumstances in Which Individuals and Organizations
- Developing Countries and DFS
- The Story of Mobile Money
- RTGS Networks
- RTGS Transaction Benefits
- Summary
- Review Questions
- Chapter 10 Fintech Business Models
- Introduction
- FinTech Business Model
- India’s FinTech Scenario
- FinTech Business Models in India
- Benefits of FinTech Models
- FinTech’s Contribution in Financial Inclusion and Financial Integration
- Government Regulation and FinTech
- Fintech Transformation
- Summary
- Review Questions
- Chapter 11 The Future Of Fintech
- Introduction
- FinTech Landscape in India
- Forces Shaping the Future
- Key Trends in the FinTech Ecosystem
- Growth Factors of FinTech
- Future of Financial Services
- The Rise of BankTech
- Fintech Impact on Retail Banking
- A Future without Money
- Ethics in FinTech
- FinTech and the Digital Lending Landscape
- Transformation of the Digital Lending Landscape
- Rise of Alternative Finance
- The Future of SME Lending
- Funding Ecosystem
- Crowd Funding
- Payments and Retail Transactions
- Financial Services Digitization
- Impact of Financial Services Digitization on Retail Banking and Corporate Banking
- The Standards and Best Practices in the Cybersecurity Business
- Summary
- Review Questions
- Chapter 12 Effects Of Fintech On Various Sectors
- Introduction
- The Implications of FinTech on Payment Innovations, Real Estate, Insurance, and Health
- The Effects of FinTech on Payment Innovations
- The Effects of FinTech on Health
- The Effects of FinTech on Real-estate
- The Effects of FinTech on Insurance Sector
- The Effects of FinTech on Capital Markets
- Key FinTech Trends
- Summary
- Review Questions
- Chapter 13 Open Banking And Digital Only Banking
- Introduction
- Open Banking
- Effects of Open Banking and their Advantages
- Digital Only Banking
- The Transition to Open Banking and Digital Only Banking
- The Technologies Involved and the Requirement for Convenience and User Experience
- Summary
- Review Questions
- Chapter 14 Fintech Analytics And Infrastructure
- Introduction
- FinTech Analytics (Credit Scores and Artificial Intelligence)
- Infrastructure for FinTech (Tools and Data)
- FinTech around the Globe
- FinTech around Southeast Asia
- FinTech around Asia
- Summary
- Review Questions
- Chapter 15 Regtech
- Introduction
- Key Technologies in RegTech
- RegTech in Financial Services
- Data Privacy and Security in RegTech
- RegTech Applications in Healthcare
- Automated Compliance Reporting
- RegTech Adoption Challenges
- RegTech and Financial Inclusion
- Global Regulatory Landscape and RegTech
- The Future of RegTech: Trends and Innovations
- Summary
- Review Questions
- Chapter 16 Internet Of Things (IoT) & Application Programme Interfaces
- Introduction to Internet of Things
- Application Programming Interfaces (APIs)
- The Future Landscape
- Open Banking
- Summary
- Review Questions
- Chapter 17 Fintech Regulations
- Introduction
- Government Initiatives Transforming India’s Financial Landscape
- Security and Privacy in FinTech
- Data Protection Laws & Regulations
- Summary
- Review Questions
- Index
Dr. V. Dheenadhayalan, is Head and Associate Professor in the P.G. Department of Commerce, Sri Subramaniyaswamy Government Arts College, Tiruttani (on deputation from Annamalai University). He has more than 23 years of teaching and research experience. He also authored 10 Books and has published more than 160 articles in various National and International journals of repute.
Dr. C. Vijai, is Associate Professor in the Department of Commerce and Business Administration, Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology, Chennai. He has 12 years of teaching and research experience He also authored 4 Books and published more than 112 Research papers in various National and International journals of repute.
Dr. V. Dheenadhayalan
Associate Professor and Head
PG Department of Commerce
(On Deputation from Annamalai University)
Sri Subramaniyaswamy Government Arts College
Tiruttani – 631 209
and
Dr. C. Vijai
Associate Professor
Department of Commerce and Business Administration
Vel Tech Rangarajan
Dr. Sagunthala R&D Institute of Science and Technology
Chennai - 600062
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FINTECH
ISBN: 978-81-19243-42-6
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CHAPTER 1 INTRODUCTION TO FINTECH
Financial Technology: An Understanding
The History and Evolution of the FinTech Industry
FinTech’s Most Recent Developments
Fintech Market Trends in India
Types of FinTech or Transformation of Financial Services
Challenges to the Growth of FinTech
The Purpose of Financial Hubs / Why do Financial Hubs Exist?
Getting to know a Financial Hub
FinTech and the Landscape of Digital Lending
Development of Alternative Finance
Digitization of Financial Services
Benefits of Digitization in Retail Banking and Corporate Banking
CHAPTER 4 ARTIFICIAL INTELLIGENCE AND FINTECH
How Vital is Artificial Intelligence?
Global Artificial Intelligence (AI) in FinTech Market Overview
Artificial Intelligence (AI) in FinTech Market Segmentation
AI Changing the Financial Services Industry
Artificial Intelligence (AI) in FinTech Market Opportunities
Applications of Artificial Intelligence in FinTech
CHAPTER 5 MACHINE LEARNING AND FINTECH
Characteristics of Machine Learning
Significance of Machine Learning
Functions of Machine Learning in Finance
Advantages of Machine Learning for Accounting and Finance
Use Cases of Machine Learning in Finance
Benefits of Machine Learning in FinTech
CHAPTER 6 ROBOTIC PROCESS AUTOMATION (RPA) AND FINTECH
RPA’s Advantages in Banking and Finance
Data Science and Big Data in Finance
Big Data is Revolutionizing Finance
Big Data Challenges in Finance
Cryptocurrencies and Blockchain
Major Types of Cryptocurrencies Used
How to Keep Cryptocurrencies Safe
Cryptocurrencies’ Legal and Regulatory Implications
The Legal Position of Cryptocurrencies in India
Blockchain Technology, its Potential, and Applications
Blockchain Technology is Revolutionising FinTech
Blockchain Technology in FinTech
The Benefits of Blockchain in FinTech
Blockchain in Financial Services: Key Statistics
Implementation on BCT Solutions in Indian Banks
Benefit from Blockchain Technology (BCT) in Banking
