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2021 | OriginalPaper | Buchkapitel

5. The Challenges and Competitiveness of Fintech Companies in Europe, UK and USA: An Overview

verfasst von : Roman Matousek, Dong Xiang

Erschienen in: The Palgrave Handbook of FinTech and Blockchain

Verlag: Springer International Publishing

Abstract

This chapter focuses on the challenges and opportunities of Fintech companies. The authors show how digitalisation is galloping to every business area and in particular in financial sector. It is further argued that the implementation of technological changes is driven by customers demand that is influenced significantly by millennium generation. The changes of the banking sector and its products are distributed across all bank’s activities: retail banking including progressively expanding mobile banking, wholesale banking and of course insurance companies and their use of blockchain.

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Literatur
Zurück zum Zitat Bebczuk, R. N. (2003). Asymmetric Information in Financial Markets: Introduction and Applications. Cambridge University Press, United Kingdom. Bebczuk, R. N. (2003). Asymmetric Information in Financial Markets: Introduction and Applications. Cambridge University Press, United Kingdom.
Zurück zum Zitat Boot, A. W. A. (2016). Understanding the future of banking: Scale & scope economies, and Fintech, in The future of large internationally active banks, Eds. A. Demirgüç-Kunt, D.D.Evanoff and G. Kaufmann. World Scientific Studies in International Economics, 55, 429–448. Boot, A. W. A. (2016). Understanding the future of banking: Scale & scope economies, and Fintech, in The future of large internationally active banks, Eds. A. Demirgüç-Kunt, D.D.Evanoff and G. Kaufmann. World Scientific Studies in International Economics, 55, 429–448.
Zurück zum Zitat Buckley, R. P., and Malady, L. (2015). Building Consumer Demand for Digital Financial Services—The New Regulatory Frontier. Journal of Financial Perspectives: Fintech, 3, 112–137. Buckley, R. P., and Malady, L. (2015). Building Consumer Demand for Digital Financial Services—The New Regulatory Frontier. Journal of Financial Perspectives: Fintech, 3, 112–137.
Zurück zum Zitat Carbó-Valverde, S. (2017). The Impact on Digitalization on Banking and Financial Stability. Journal of Financial Markets and Institutions, 5, 133–140. Carbó-Valverde, S. (2017). The Impact on Digitalization on Banking and Financial Stability. Journal of Financial Markets and Institutions, 5, 133–140.
Zurück zum Zitat Dermine, J. (2016). Digital Banking and Market Disruption: A Sense of Déjà Vu? Financial Stability Review, Banque de France, April, 17–24. Dermine, J. (2016). Digital Banking and Market Disruption: A Sense of Déjà Vu? Financial Stability Review, Banque de France, April, 17–24.
Zurück zum Zitat Gomber, P., Koch, J.-A., and Siering, M. (2017). Digital Finance and Fintech: Current Research and Future Research Directions. Journal of Business Economics, 87, 537–580. Journal of Business Venturing, 32, 72–89. Gomber, P., Koch, J.-A., and Siering, M. (2017). Digital Finance and Fintech: Current Research and Future Research Directions. Journal of Business Economics, 87, 537–580. Journal of Business Venturing, 32, 72–89.
Zurück zum Zitat Matousek, R. (2018). Fintech and Financial Services: Challenges and Opportunities for Europe, Business Review, The Hang Seng University of Hong Kong, vol. 1(2), 4–9. Matousek, R. (2018). Fintech and Financial Services: Challenges and Opportunities for Europe, Business Review, The Hang Seng University of Hong Kong, vol. 1(2), 4–9.
Zurück zum Zitat Philippon, T. (2016). The Fintech Opportunity. NBER Working Paper 22476, August. Philippon, T. (2016). The Fintech Opportunity. NBER Working Paper 22476, August.
Metadaten
Titel
The Challenges and Competitiveness of Fintech Companies in Europe, UK and USA: An Overview
verfasst von
Roman Matousek
Dong Xiang
Copyright-Jahr
2021
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-030-66433-6_5

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