The Fintech Evolution Technology Push Market Pull Dynamics And Inertia

Author : Tatja Karkkainen
Publisher : Tatja Karkkainen
Page : 79 pages
File Size : 42,5 Mb
Release : 2023-01-17
Category : Business & Economics
ISBN : 9798374034356

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The FinTech Evolution: Technology Push, Market Pull Dynamics, and Inertia by Tatja Karkkainen Pdf

This work serves as a base for foundational knowledge of the taxonomy, vocabulary and concepts in the interdisciplinary field of financial technology (FinTech). It is specifically written for innovation management in financial services. For this end, it is integral to inspect the evolution of FinTech through technology push, market pull dynamics, and inertia because they play a crucial role in shaping the direction and rate of innovation. Technology push relates to the development and introduction of new technologies that drive innovation in the financial industry. Market pull dynamics, on the other hand, relate to the demand for new financial products and services that arises from changing consumer needs and preferences. The interaction between market pull and technology push can be described as a feedback loop, which can be then affected by inertia. Inertia can be described as resistance to change that is often present in consumers, which can hinder the creation of new technologies and innovations. In this sense, the consumer inertia can affect the relationship between technology push and market demand making it difficult for new financial technology applications to gain traction if they are not seen as offering significant improvements. By understanding the interplay between these three factors, it is possible to gain insight into the current state and future direction of the FinTech industry, and from there Financial Services Industry.

Author : Taherdoost, Hamed,Le, Nam,Madanchian, Mitra,Farhaoui, Yousef
Publisher : IGI Global
Page : 407 pages
File Size : 49,6 Mb
Release : 2024-02-07
Category : Business & Economics
ISBN : 9798369315620

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Exploring Global FinTech Advancement and Applications by Taherdoost, Hamed,Le, Nam,Madanchian, Mitra,Farhaoui, Yousef Pdf

In the world of FinTech, scholars face an overwhelming dilemma; it is challenging to access comprehensive and up-to-date information across various regions with regards to timeliness. The transformative power of FinTech, driven by innovations such as blockchain, AI analytics, and mobile payment systems, has reshaped financial transactions, influenced economic growth, and spurred competition among traditional financial institutions. However, the lack of a comprehensive, scholarly resource hinders the ability of academics, policymakers, and industry professionals to navigate and comprehend these intricate developments. The need for a centralized repository of knowledge has become increasingly urgent, hindering the collective understanding of the complex dynamics of FinTech on a global scale. Exploring Global FinTech Advancement and Applications stands as a groundbreaking solution to the academic community's pressing need for a comprehensive understanding of this global financial landscape. Through meticulous assessments of countries across each global region, each chapter delves into market size, FinTech adoption rates, services offered, key players, investments, infrastructure, government policies, economic impacts, security concerns, academic research synthesis, and future trends. By consolidating this wealth of information, the book becomes an indispensable reference guide for scholars, researchers, policymakers, investors, and industry professionals seeking to navigate the intricate dynamics of FinTech on a global scale.

Author : Introbooks
Publisher : Unknown
Page : 50 pages
File Size : 40,7 Mb
Release : 2020-04-07
Category : Electronic
ISBN : 9798634736815

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Artificial Intelligence in Banking by Introbooks Pdf

In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided the investors and customers with more innovative tools, new types of financial products and a new potential for growth.According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, "In a world focused on using AI in new ways, we're focused on using it wisely and responsibly."

Author : Franco Malerba,Stefano Brusoni
Publisher : Cambridge University Press
Page : 465 pages
File Size : 52,7 Mb
Release : 2007-03-29
Category : Business & Economics
ISBN : 9780521685610

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Perspectives on Innovation by Franco Malerba,Stefano Brusoni Pdf

Case studies, empirical models, appreciative analyses and formal theories abound.

Author : Ron Adner
Publisher : MIT Press
Page : 279 pages
File Size : 44,9 Mb
Release : 2023-01-03
Category : Business & Economics
ISBN : 9780262546003

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Winning the Right Game by Ron Adner Pdf

How to succeed in an era of ecosystem-based disruption: strategies and tools for offense, defense, timing, and leadership in a changing competitive landscape. The basis of competition is changing. Are you prepared? Rivalry is shifting from well-defined industries to broader ecosystems: automobiles to mobility platforms; banking to fintech; television broadcasting to video streaming. Your competitors are coming from new directions and pursuing different goals from those of your familiar rivals. In this world, succeeding with the old rules can mean losing the new game. Winning the Right Game introduces the concepts, tools, and frameworks necessary to confront the threat of ecosystem disruption and to develop the strategies that will let your organization play ecosystem offense. To succeed in this world, you need to change your perspective on competition, growth, and leadership. In this book, strategy expert Ron Adner offers a new way of thinking, illustrating breakthrough ideas with compelling cases. How did a strategy of ecosystem defense save Wayfair and Spotify from being crushed by giants Amazon and Apple? How did Oprah Winfrey redraw industry boundaries to transition from television host to multimedia mogul? How did a shift to an alignment mindset enable Microsoft's cloud-based revival? Each was rooted in a new approach to competitors, partners, and timing that you can apply to your own organization. For today's leaders the difference between success and failure is no longer simply winning, but rather being sure that you are winning the right game.

Author : Hazik Mohamed,Hassnian Ali
Publisher : Walter de Gruyter GmbH & Co KG
Page : 266 pages
File Size : 43,9 Mb
Release : 2022-09-06
Category : Business & Economics
ISBN : 9783110745146

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Blockchain, Fintech, and Islamic Finance by Hazik Mohamed,Hassnian Ali Pdf

Following the success of the first edition that brought attention to the digital revolution in Islamic financial services, comes this revised and updated second edition of Blockchain, Fintech and Islamic Finance. The authors reiterate the potential of digital disruption to shrink the role and relevance of today’s banks, while simultaneously creating better, faster, cheaper services that will be an essential part of everyday life. Digital transformation will also offer the ability to create new ways to better comply to Islamic values in order to rebuild trust and confidence in the current financial system. In this new edition, they explore current concepts of decentralized finance (DeFi), distributed intelligence, stablecoins, and the integration of AI, blockchain, data analytics and IoT devices for a holistic solution to ensure technology adoption in a prudent and sustainable manner. The book discusses crucial innovation, structural and institutional developments for financial technologies including two fast-growing trends that merge and complement each other: tokenization, where all illiquid assets in the world, from private equity to real estate and luxury goods, become liquid and can be traded more efficiently, and second, the rise of a new tokenized economy where inevitably new rules and ways to enforce them will develop to fully unleash their capabilities. These complementary and oft-correlated trends will complete the decentralization of finance and will influence the way future financial services will be implemented. This book provides insights into the shift in processes, as well as the challenges that need to be overcome for practical applications for AI and blockchain and how to approach such innovations. It also covers new technological risks that are the consequence of utilizing frontier technologies such as AI, blockchain and IoT. Industry leaders, Islamic finance professionals, along with students and academics in the fields of Islamic finance and economics will benefit immensely from this book.

Author : Canada. Department of Finance
Publisher : Unknown
Page : 0 pages
File Size : 50,6 Mb
Release : 1998
Category : Electronic
ISBN : 0662632273

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Competition Policy Issues by Canada. Department of Finance Pdf

Author : Don Tapscott,Alex Tapscott
Publisher : Penguin
Page : 320 pages
File Size : 50,8 Mb
Release : 2016-05-10
Category : Business & Economics
ISBN : 9780143196877

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Blockchain Revolution by Don Tapscott,Alex Tapscott Pdf

The technology likely to have the greatest impact on the future of the world economy has arrived, and it’s not self-driving cars, solar energy, or artificial intelligence. It’s called the blockchain. The first generation of the digital revolution brought us the Internet of information. The second genera­tion—powered by blockchain technology—is bringing us the Internet of value: a new, distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better. Blockchain is the ingeniously simple, revolution­ary protocol that allows transactions to be simul­taneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s the technology that drives bitcoin and other digital cur­rencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind, from birth and death certifi­cates to insurance claims and even votes. Why should you care? Maybe you’re a music lover who wants artists to make a living off their art. Or a consumer who wants to know where that hamburger meat really came from. Perhaps you’re an immigrant who’s sick of paying big fees to send money home to loved ones. Or an entrepreneur looking for a new platform to build a business. And those examples are barely the tip of the ice­berg. This technology is public, encrypted, and readily available for anyone to use. It’s already seeing wide­spread adoption in a number of areas. For example, forty-two (and counting) of the world’s biggest finan­cial institutions, including Goldman Sachs, JPMorgan Chase, and Credit Suisse, have formed a consortium to investigate the blockchain for speedier and more secure transactions. As with major paradigm shifts that preceded it, the blockchain will create winners and losers. And while opportunities abound, the risks of disruption and dislocation must not be ignored. Don Tapscott, the bestselling author of Wikinomics, and his son, blockchain expert Alex Tapscott, bring us a brilliantly researched, highly readable, and utterly foundational book about the future of the modern economy. Blockchain Revolutionis the business leaders’ playbook for the next decade and beyond.

Author : Patrick Viguerie,Sven Smit,Mehrdad Baghai
Publisher : John Wiley & Sons
Page : 263 pages
File Size : 49,6 Mb
Release : 2011-01-13
Category : Business & Economics
ISBN : 9781118045473

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The Granularity of Growth by Patrick Viguerie,Sven Smit,Mehrdad Baghai Pdf

While growth is a top priority for companies of all sizes, it can be extremely difficult to create and maintain—especially in today’s competitive business environment. The Granularity of Growth will put you in a better position to succeed as it reveals why growth is so important, what enables certain companies to grow so spectacularly, and how to ensure that growth comes from multiple sources as you take both a broad and a granular view of your markets.

Author : Rohit Talwar,Gerd Leonhard ,Gray Scott ,B.J. Murphy,Ian Pearson,Laura Goodrich,Cornelia Daheim,Joyce Gioia,Calum Chace
Publisher : Fast Future Publishing Ltd
Page : 591 pages
File Size : 44,8 Mb
Release : 2015-03-15
Category : Electronic
ISBN : 9780993295812

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The Future of Business by Rohit Talwar,Gerd Leonhard ,Gray Scott ,B.J. Murphy,Ian Pearson,Laura Goodrich,Cornelia Daheim,Joyce Gioia,Calum Chace Pdf

The Future of Business explores how the commercial world is being transformed by the complex interplay between social, economic and political shifts, disruptive ideas, bold strategies and breakthroughs in science and technology. Over 60 contributors from 21 countries explore how the business landscape will be reshaped by factors as diverse as the modification of the human brain and body, 3D printing, alternative energy sources, the reinvention of government, new business models, artificial intelligence, blockchain technology, and the potential emergence of the Star Trek economy.

Author : Michael Lewrick,Patrick Link,Larry Leifer
Publisher : John Wiley & Sons
Page : 350 pages
File Size : 49,9 Mb
Release : 2018-04-24
Category : Design
ISBN : 9781119467489

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The Design Thinking Playbook by Michael Lewrick,Patrick Link,Larry Leifer Pdf

A radical shift in perspective to transform your organization to become more innovative The Design Thinking Playbook is an actionable guide to the future of business. By stepping back and questioning the current mindset, the faults of the status quo stand out in stark relief—and this guide gives you the tools and frameworks you need to kick off a digital transformation. Design Thinking is about approaching things differently with a strong user orientation and fast iterations with multidisciplinary teams to solve wicked problems. It is equally applicable to (re-)design products, services, processes, business models, and ecosystems. It inspires radical innovation as a matter of course, and ignites capabilities beyond mere potential. Unmatched as a source of competitive advantage, Design Thinking is the driving force behind those who will lead industries through transformations and evolutions. This book describes how Design Thinking is applied across a variety of industries, enriched with other proven approaches as well as the necessary tools, and the knowledge to use them effectively. Packed with solutions for common challenges including digital transformation, this practical, highly visual discussion shows you how Design Thinking fits into agile methods within management, innovation, and startups. Explore the digitized future using new design criteria to create real value for the user Foster radical innovation through an inspiring framework for action Gather the right people to build highly-motivated teams Apply Design Thinking, Systems Thinking, Big Data Analytics, and Lean Start-up using new tools and a fresh new perspective Create Minimum Viable Ecosystems (MVEs) for digital processes and services which becomes for example essential in building Blockchain applications Practical frameworks, real-world solutions, and radical innovation wrapped in a whole new outlook give you the power to mindfully lead to new heights. From systems and operations to people, projects, culture, digitalization, and beyond, this invaluable mind shift paves the way for organizations—and individuals—to do great things. When you're ready to give your organization a big step forward, The Design Thinking Playbook is your practical guide to a more innovative future.

Author : Julia Walker,Alma Pekmezovic,Gordon Walker
Publisher : John Wiley & Sons
Page : 328 pages
File Size : 53,8 Mb
Release : 2019-08-27
Category : Business & Economics
ISBN : 9781119541844

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Sustainable Development Goals by Julia Walker,Alma Pekmezovic,Gordon Walker Pdf

Achieving the Sustainable Development Goals through Finance, Technology and Law Reform Achieving the SDGs requires a fundamental rethink from businesses and governments across the globe. To make the ambitious goals a reality, trillions of dollars need to be harnessed to mobilise finance and accelerate progress towards the SDGs. Bringing together leaders from the World Bank, the financial and business sectors, the startup community and academia, this important, topically relevant volume explains what the SDGs are, how they came about and how they can be accelerated. Real-world case studies and authoritative insights address how to direct investment of existing financial resources and re-align the global financial system to reflect the SDGs. In depth chapters discuss how financial institutions, such as UBS Wealth Management, Manulife Asset Management and Moody’s Rating Agency are supporting the SDGs. The opportunities arising from Blockchain, Big Data, Digital Identity and cutting-edge FinTech and RegTech applications are explored, whilst the relevance of sustainable and transparent global supply chains is underscored. Significant attention is paid to law reform which can accelerate progress of the SDGs through SME Financing, Crowdfunding, Peer-to-Peer Lending and tax restructuring. To achieve the ‘World We Want’, much needs to be done. The recommendations contained within this book are critical for supporting a fundamental shift in thinking from business and governments around the world, and for building a more just and prosperous future for all.

Author : Yu-Che Chen,Michael J. Ahn
Publisher : Routledge
Page : 689 pages
File Size : 45,9 Mb
Release : 2017-02-17
Category : Political Science
ISBN : 9781317406785

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Routledge Handbook on Information Technology in Government by Yu-Che Chen,Michael J. Ahn Pdf

The explosive growth in information technology has ushered in unparalleled new opportunities for advancing public service. Featuring 24 chapters from foremost experts in the field of digital government, this Handbook provides an authoritative survey of key emerging technologies, their current state of development and use in government, and insightful discussions on how they are reshaping and influencing the future of public administration. This Handbook explores: Key emerging technologies (i.e., big data, social media, Internet of Things (IOT), GIS, smart phones & mobile technologies) and their impacts on public administration The impacts of the new technologies on the relationships between citizens and their governments with the focus on collaborative governance Key theories of IT innovations in government on the interplay between technological innovations and public administration The relationship between technology and democratic accountability and the various ways of harnessing the new technologies to advance public value Key strategies and conditions for fostering success in leveraging technological innovations for public service This Handbook will prove to be an invaluable guide and resource for students, scholars and practitioners interested in this growing field of technological innovations in government.

Author : OECD
Publisher : OECD Publishing
Page : 188 pages
File Size : 40,8 Mb
Release : 2011-05-17
Category : Electronic
ISBN : 9789264098886

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Demand-side Innovation Policies by OECD Pdf

This book examines dynamics between demand and innovation and provides insights into the rationale and scope for public policies to foster demand for innovation.

Author : Vijay Govindarajan,Chris Trimble
Publisher : Harvard Business Press
Page : 256 pages
File Size : 54,5 Mb
Release : 2012-04-10
Category : Business & Economics
ISBN : 9781422183984

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Reverse Innovation by Vijay Govindarajan,Chris Trimble Pdf

A New York Times, Wall Street Journal, USA Today, Amazon Bestseller Reverse Innovation is the new business idea everyone is talking about. Why? Because it presents the blueprint for scaling growth in emerging markets, and importing low-cost and high impact innovations to mature ones. Innovation is no longer the exclusive domain of the Silicon Valley elite. Reverse Innovation will open your eyes to the fact that the dynamics of global innovation are changing—and if you want your firm to survive, you’d better pay attention. The gap between rich nations and emerging economies is closing. No longer will innovations travel the globe in only one direction, from developed to developing nations. They will also flow in reverse. CEOs of the world’s most influential companies agree and have cited Reverse Innovation as their playbook for the next generation of global growth. Authors Vijay Govindarajan and Chris Trimble of the Tuck School of Business at Dartmouth explain where, when, and why reverse innovation is on the rise and why the implications are so profound. Learn how to make innovation in emerging markets happen and how such innovations can unlock even greater opportunity throughout the world. You’ll follow some of the world’s leading companies (including GE, Deere & Company, P&G, and PepsiCo) through stories that illustrate exactly what works and what doesn’t. If you’re in a Western economy, you need to accept that the future lies far from home. But the idea is not just for Western audiences. If innovation is at the heart of your company or your career, no matter where you practice business, Reverse Innovation is a phenomenon you need to understand. This book will help you do that.