Creating Strategic Value through Financial Technology (Wiley Finance) - Hardcover

Wilson Jr., Jay D.

Hardcover

ISBN 10: 1119243750 ISBN 13: 9781119243755

Publisher: Wiley, 2017

Synopsis

Lessons in innovation from key FinTech trends and successes

Creating Strategic Value through Financial Technology explores the growing Financial Technology (FinTech) industry to provide insight on how traditional financial institutions and FinTech companies can boost innovation and enhance valuation in a complex regulatory environment. In plumbing the depth and breadth of several niches within in the FinTech sector, author Jay Wilson uncovers key themes that have contributed to the industry's success; in this book, he maps them together to provide useful guideposts for investors, entrepreneurs, and traditional institutions looking to facilitate growth as technology and financial services collide. With an expert's perspective on FinTech history and outlook, certain trends and examples of value-enhancing strategies stand out. FinTech niches covered include: payments, crowdfunding, alternative/marketplace lending, the blockchain, and technology solutions in the context of banking, insurance, and investment companies.

There is no denying the growing importance of technology in the financial services industry, and the FinTech sector offers valuable solutions for a diverse array of financial services providers and their customers. This book guides you through several niches of the FinTech sector, and highlights the most important takeaways from recent endeavors.

• Navigate the financial technology sector
• Enhance customer and product offerings
• Improve efficiency and cost structure
• Enhance profitability and company valuation from the intersection of technology and finance

Innovation and customer preference is a key driver of FinTech's growth. Customers are demanding better value and convenience, and the organizations that provide it are reaping the rewards of growth. As financial regulations grow more and more complex, and customers are presented with more and more options, it is becoming imperative for traditional institutions to modernize processes and carve out a place in the future of financial services. Creating Strategic Value through Financial Technology provides a handbook for navigating that space, with practical guidance on how FinTech companies and traditional financial institutions can enhance profitability and valuation from the trends.

About this title

About the Author

JAY D. WILSON, JR., is vice president of Mercer Capital's Depository Institutions practice. He leads the firm's FinTech industry team, publishes research quarterly related to the FinTech industry, and is involved in the valuation of FinTech companies, banks, thrifts, and credit unions for a variety of purposes including corporate strategic planning, transactions, equity compensation, and financial statement reporting.

From the Back Cover

Today's customers demand better value and convenience from their financial services providers, and innovations in the financial technology (FinTech) sector have answered the call. While some see a future where FinTech makes traditional banks and wealth management firms obsolete, many visionaries in the industry see how established financial institutions can integrate FinTech into their models to gain an edge over competing banks and non-banking firms. Creating Strategic Value through Financial Technology is the much-needed handbook to navigating the complexities of practice and regulation to enable traditional financial institutions and FinTech companies to discover mutually beneficial partnerships to boost performance, enhance customer satisfaction, and improve profitability and returns.

Whether you're an investor, entrepreneur, or with a traditional financial services company, this comprehensive road map to the FinTech industry shows you how to navigate the sector by looking at the major guideposts with a goal of facilitating the creation of strategic value at the intersections of financial services and technology. Community banks have the most to gain since offering customers state-of-the-art services and convenience can help them overcome competition from larger banks and non-banking organizations. No other resource more quickly and thoroughly brings you up to speed on the FinTech evolution and prepares you to take a leading role in its progress by offering:

• Practical ways community banks can use FinTech to enhance customer service offerings, efficiency, profitability, and valuations
• Useful overviews of the emerging trends in existing niches of FinTech, including bank technology, alternative lending, payments, wealth management, and insurance
• Key insights from successful FinTech companies, including illuminating case studies of inspired ways technology disrupted and improved traditional banking

This is only the beginning of how technology will alter finance as we know it, and Creating Strategic Value through Financial Technology gets you ahead of the curve and prepares you to be an influencer tomorrow.

From the Inside Flap

Today's customers demand better value and convenience from their financial services providers, and innovations in the financial technology (FinTech) sector have answered the call. While some see a future where FinTech makes traditional banks and wealth management firms obsolete, many visionaries in the industry see how established financial institutions can integrate FinTech into their models to gain an edge over competing banks and non-banking firms. Creating Strategic Value through Financial Technology is the much-needed handbook to navigating the complexities of practice and regulation to enable traditional financial institutions and FinTech companies to discover mutually beneficial partnerships to boost performance, enhance customer satisfaction, and improve profitability and returns.

Whether you're an investor, entrepreneur, or with a traditional financial services company, this comprehensive road map to the FinTech industry shows you how to navigate the sector by looking at the major guideposts with a goal of facilitating the creation of strategic value at the intersections of financial services and technology. Community banks have the most to gain since offering customers state-of-the-art services and convenience can help them overcome competition from larger banks and non-banking organizations. No other resource more quickly and thoroughly brings you up to speed on the FinTech evolution and prepares you to take a leading role in its progress by offering:

• Practical ways community banks can use FinTech to enhance customer service offerings, efficiency, profitability, and valuations
• Useful overviews of the emerging trends in existing niches of FinTech, including bank technology, alternative lending, payments, wealth management, and insurance
• Key insights from successful FinTech companies, including illuminating case studies of inspired ways technology disrupted and improved traditional banking

This is only the beginning of how technology will alter finance as we know it, and Creating Strategic Value through Financial Technology gets you ahead of the curve and prepares you to be an influencer tomorrow.

Edition details

• Publisher: Wiley
• Publication date: 2017
• Language: English
• ISBN 10: 1119243750
• ISBN 13: 9781119243755
• Binding: Hardcover
• Edition number: 1
• Number of pages: 288