Fintech has emerged as one of the fastest growing sectors in the financial services industry and has radically disrupted traditional banking. However, it has become clear that for both to thrive, the culture between fintech and incumbent firms must change from one of competition to collaboration. The Financial Services Guide to Fintech looks at this trend in detail, using case studies of successful partnerships to show how banks and fintech organizations can work together to innovate faster and increase profitability.
Written by an experienced fintech advisor and influencer, this book explains the fundamental concepts of this exciting space and the key segments to have emerged, including regtech, robo-advisory, blockchain and personal finance management. It looks at the successes and failures of bank-fintech collaboration, focusing on technologies and start-ups that are highly relevant to banks' product and business areas such as cash management, compliance and tax. With international coverage of key markets, The Financial Services Guide to Fintech offers practical guidance, use cases and business models for banks and financial services firms to use when working with fintech companies.
Industry Reviews
"Few people in the financial services industry understand the challenger bank battlefield better than Devie Mohan. Providing a platform for why challenger banks exist and discussing the different business models being used by fintech firms and big tech organizations to compete with legacy banks, Devie has created the 'must read' guide for those new or tenured in the banking space." * Jim Marous, Co-Publisher of The Financial Brand, Owner of the Digital Banking Report and Host of 'Banking Transformed' podcast *
"This book is a must-read for both sides of the equation: traditional financial services firms and their potential fintech partners. Devie Mohan provides a step-by-step practical approach for creating the best partnerships and producing winning outcomes for firms, fintechs and end customers. Anyone who reads this can benefit from her deep experience and subject matter expertise." * April Rudin, CEO, The Rudin Group *
"There is a definite lack of comprehensive guides to our industry and even fewer examples of unbiased, research-driven perspectives while the sector continues to grow, with new professionals who need a short-cut to make sense of an intensive last 20 years arriving every day. What Devie accomplishes here, both as an insider who has lived it and as an astute scholar and exceptional analyst, is a one-of-a-kind must-read for anyone who has true interest in anything to do with either fintech or Financial Services in general."" * Duena Blomstrom, Author of Emotional Banking, Co-Founder and CEO of PeopleNotTech *
"Devie Mohan combines a deep understanding of the evolution of fintech with a comprehensive view of its impact on financial ecosystems globally. This is essential reading for anyone in the financial services space." * Jay Palter, Chief Engagement Officer, Jay Palter Social Advisory *
