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Business & Economics General

The Technological Revolution in Financial Services

How Banks, Fintechs, and Customers Win Together

edited by Michael R. King & Richard W. Nesbitt

Publisher
University of Toronto Press
Initial publish date
Aug 2020
Category
General
  • eBook

    ISBN
    9781487533144
    Publish Date
    Aug 2020
    List Price
    $44.95
  • Hardback

    ISBN
    9781487506025
    Publish Date
    Aug 2020
    List Price
    $44.95

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Description

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 the authors

Michael R. King is an associate professor and Lansdowne Chair in Finance at the University of Victoria. He is the co-founder of Canada’s first fintech research centre, the Scotiabank Digital Banking Lab.

Michael R. King's profile page

Richard W. Nesbitt is an adjunct professor at the University of Toronto’s Rotman School of Management.

Richard W. Nesbitt's profile page

Editorial Reviews

"...constitutes a valuable resource for practitioners seeking a more thorough understanding of the evolving financial industry."

<em>Enterprising Investor</em>