Transformation Dynamics in FinTech

Transformation Dynamics in FinTech

An Open Innovation Ecosystem Outlook


  • Description
  • Author
  • Info
  • Reviews


Technology-driven innovation in financial services has been attracting global attention and interest. FinTech innovation is presenting a paradigm shift in financial services affecting a wide range of products, processes and services but also sparking a broader evolutionary transformation, growth opportunities and foundational systemic and structural changes in light of technological interdependencies among market players, infrastructures and ecosystem stakeholders.Transformation Dynamics in FinTech contributes to the intellectual curiosity around the symbiotic relationship of finance and technology by focusing on the multidimensional and multidisciplinary role of open innovation within FinTech innovation, observing and communicating the latest technological, managerial, governance, policy and regulatory perspectives, trends and developments.This book is an essential reading for anyone interested in the growing and evolving development of FinTech ecosystems based on new capabilities and structures that create new dominant architectural designs, which determine competitive dynamics, products, services, processes, business models, markets, value chains, within an open and transformed financial services industry landscape.Contents:

  • About the Editors
  • About the Contributors
  • Negotiating the Sweet Spot of Open Innovation: Engaging with Global Ecosystem Catalysts Reimagining FinTech Transformation (Dimitrios Salampasis, Anne-Laure Mention and Avni Misra)
  • A Scoping Review Toward Framing a Research Agenda (Hamid Nach, Dimitrios Salampasis and Rachid Ghilal)
  • The Human Impact of Financial Innovation: Mobility, Choice, and Risk (Erin B Taylor)
  • Innovation with Foresight: Anticipating Alternative and Creative Responses in Strategic Organizational Decision-making (Jörn Bühring)
  • Driving the Future of FinTech-led Transformation in Financial Services: Business Trends and the New Face of Open Innovation (Volkmar J Klausser, Dimitrios Salampasis and Alexander Kaiser)
  • FinTech Innovation Ecosystems (Wajeeha H Awadh)
  • Reinforcing Value Creation Within a FinTech Cluster (Caroline E Braastad, Nolwenn Camps-Leysour de Rohello, Finn C Arctander, Omar Abdelhakim and Magne S Angelshaug)
  • FinTech and the Global Wealth Management Industry (Noel Finck, Meredith Bowden, Fiona Carter, Crag Carttling, Vincenzo Lorefice and Jeffrey Vanderveen)
  • The Open Banking Era: Surfing the Australian Data Wave (Leila Fourie and Thomas K Bennett)
  • Making Sense of Blockchain as a Digital Technology for Open Innovation: A Review Exploring Blockchain Business Applications, Start-Up Business Models, and Blockchain Services Ecosystem (Suraj Bhattarai, Harry Fulgencio and Hans LeFever)
  • Who Invests in FinTech, Artificial Intelligence, and Blockchain? Evidence from the Wealth Management Industry (Percy Venegas)
  • FinTech Firms and the Exploration and Exploitation of Financial Landscapes (Tamer Khraisha)
  • Index
Readership: Researchers and practitioners in the fields of financial technologies, FinTech, technology and innovation management, policy makers, legal professionals, advanced postgraduate and undergraduate students.FinTech;Open Innovation;Financial Services;Ecosystems;Innovation Management;Banking and Finance;Technology Management;Emerging Technologies0Key Features:
  • Provides a multidisciplinary and diversified approach bringing views from different contributors both from academia and practice
  • Presents newly-framed insights on open innovation and FinTech innovation embracing contemporary and highly topical themes following but at the same time leading current and future trends in open innovation and FinTech, topics which are both relevant for the management and the implementation of open innovation in the financial services sector and FinTech innovation marketplace
  • Communicates and uses vocabulary applicable to open innovation scholars and practitioners accentuating the aim to bridge the gap between academia and practice and offer a platform for a creative and collaborative dialogue
  • Offers a coherent, concise and systematic approach to open innovation and FinTech
  • Provides readers with an "up to speed but down to earth" insights and knowledge, fostering both research and professional development of the readers, by gaining and sharing knowledge and expertise on the integrative role of open innovation in the FinTech innovation marketplace and the financial services industry, to a greater extent