5
FINTECH AND ITS IMPACT ON FINANCIAL INTERMEDIATION AND RISK MANAGEMENT1
Fintech refers to the technological start-ups that are emerging to rival traditional banking and financial service providers.2 It covers a wide array of services, from peer-to-peer (P2P) lending and crowdfunding, mobile payments, international money transfers, online portfolio management, insurance, service comparators/aggregators, ICOs (initial coin offerings), and more.
Fintechs and digital innovations have been disrupting traditional financial services markets by facilitating disintermediation, revolutionizing how existing financial services firms develop, and delivering innovative products and services to market. They have democratized access to financial information ...
Get The Essentials of Risk Management, Third Edition, 3rd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
