Impact of FinTechs in the Financial Structure and its Future evolution / Gabriela FERRER / 2019

Titre : Impact of FinTechs in the Financial Structure and its Future evolution Type de document : Mémoire Auteurs : Gabriela FERRER, Auteur Année de publication : 2019 Importance : 33 p. Note générale : Pour accéder aux fichiers PDF, merci de vous identifier sur le catalogue avec votre compte Office 365 via le bouton CONNEXION en haut de page. Langues : Anglais (eng) Mots-clés : Management TECHNOLOGIE FINANCIERE ; INNOVATION TECHNOLOGIQUE ; PROGRES TECHNIQUE ; BANQUE Résumé : Technology is constantly evolving and in the 21st century we have been able to witness its development and the progressive digitalization of a large amount of goods and services that we use on our daily lives and that have helped us develop the economies and welfare of our countries, as well as improve our living standards. The financial industry is the one that has experienced more changes due to technology innovations in areas such as: insurance, investment management, lending, payments and banking services; all these with one common characteristic, they are related to software and data. These new financial tools which bring technology and traditional financial services come together in a term called “FinTech”. On top of that, new ways of financing have appeared filling the lack of innovation of traditional bank’s services and substituting what used to be physical work for computers that analyze the data provided to come up with the best financial solutions to the FinTechs clients in order to satisfy their needs. With this in mind, it is often said that the technological innovations related to financial products can represent a threat to the Financial Institutions and countries’ economies around the world. For that reason, the objective of this seminar paper is to analyze a few studies done about the evolution of FinTechs to be able to clarify some concerns that may arise from this topic. To do so, it will be necessary to discuss the results obtained by the studies done by the Audit Company EY in 2015 and 2017 about the FinTechs Adoption Index so that we will have an idea of which has been the development of the innovations in the industry. Subsequently, to be able to comment about the impact of FinTech start-ups in the financial industry, it will be developed an analysis about the results of Accenture’s survey related to the future of FinTech and Banking. After that stage, several papers from the Bank of Japan and the Australian Central Bank will be carefully interpreted to understand what role changes in this segment of the financial industry represent for economies. Finally, it seems necessary to forecast what it is expected to happen in the future and provide a personal opinion and some insights about the expected development of such an important phenomenon. Note de contenu : PGE: Bibliogr.P. 30-31 Programme : PGE-Rouen Spécialisation : Finance de marché - Financial markets, Assets and Risk Management Permalink : https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=497037