Creating Strategic Value Through Financial Technology

Informationen zum Autor 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. Klappentext Lessons in innovation from key FinTech trends and successesCreating 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 financeInnovation 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. Zusammenfassung Lessons in innovation from key FinTech trends and successesCreating 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 ar...

List of contents

Preface xi
 
Acknowledgments xv
 
SECTION ONE
 
CHAPTER 1 What Is Financial Technology? 3
 
Technology's Impact on Financial Services 3
 
What Is FinTech and Who Are the Players? 5
 
Why the Hype for FinTech? 10
 
Why Is FinTech Potentially So Important to Society? 12
 
Recent Trends and Market Conditions for the FinTech
 
Industry 14
 
Conclusion 18
 
Notes 19
 
CHAPTER 2 Community Banks and FinTech 21
 
Is FinTech a Threat or an Opportunity for Community Banks? 21
 
FinTech's Potential Impact on Bank Valuation 29
 
How Community Banks Can Help FinTech Companies 31
 
Conclusion 32
 
Notes 33
 
CHAPTER 3 The Historical Context for FinTech 35
 
Introduction 35
 
FinTech History 35
 
Visa and MasterCard: The Largest IPOs in FinTech History 40
 
Core Vendors 43
 
Notes 50
 
SECTION TWO
 
CHAPTER 4 State of Community Banks Embracing FinTech Today 53
 
Introduction 53
 
Overview of U.S. Community Bank Industry Trends 53
 
Banks and FinTech Increasingly Intersect 56
 
Serving More Customers Digitally 56
 
Evolving Regulatory Oversight of FinTech 61
 
Conclusion 66
 
Notes 67
 
CHAPTER 5 The Alternative Lending Niche 70
 
The Mortgage Market 70
 
The Consumer Lending Market 72
 
Government Regulation of Alternative Lending Platforms 78
 
Conclusion 79
 
Notes 80
 
CHAPTER 6 The Payments Niche 82
 
Trends to Watch 82
 
Digital Currencies and Blockchain Technology 91
 
Conclusion 99
 
Notes 100
 
CHAPTER 7 The Wealth Management Niche 104
 
Introduction 104
 
The Evolution of the Online Brokerage Industry 106
 
The Rise of Robo-Advisors 108
 
Conclusion 116
 
Notes 118
 
CHAPTER 8 InsurTech and the Future of Insurance 120
 
Introduction to InsurTech 121
 
Technology Trends in Insurance 123
 
Conclusion 129
 
Notes 129
 
SECTION THREE
 
CHAPTER 9 Partnering with a FinTech Company 133
 
Introduction 133
 
Conclusion 154
 
Notes 155
 
CHAPTER 10 Early Stage FinTech Valuation Issues 156
 
Introduction 156
 
Why You Should Have a Valuation Performed 157
 
Valuation Considerations for FinTech Companies 160
 
What about Preferences and FinTech Valuations? 172
 
Special Issues: Valuations for Other Stakeholders 173
 
Conclusion 183
 
Notes 183
 
CHAPTER 11 Acquiring a FinTech Company 185
 
Introduction 185
 
Recent Trends in FinTech M&A Activity 187
 
Metrics to Analyze FinTech Transactions 192
 
Accounting Considerations and Goodwill Creation in FinTech Deals 202
 
Special Issues to Consider with FinTech M&A 218
 
Conclusion 224
 
Notes 224
 
CHAPTER 12 Liquidity Options Beyond a Sale 227
 
Introduction 227
 
Liquidity Options 228
 
Is Your Buy-Sell Agreement Solidly Built? 234
 
Conclusion 240
 
Notes 240
 
CHAPTER 13 Is There a Bubble Forming in FinTech? 242
 
Introduction 242
 
Factors Leading to a Bubble? 243
 
Signs That a Bubble May Be Forming in FinTech 246
 
Case Study of a FinTech Failure 246
 
Conclusion 251
 
Notes 252
 
Index 253

Product details

• Authors: Jay D Wilson, Jay D. Wilson, Wilson Jay D., Wilson Jr, Jd Wilson Jr.
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 02.06.2017
• EAN: 9781119243755
• ISBN: 978-1-119-24375-5
• No. of pages: 288
• Series: Wiley Finance; Wiley Finance Editions; Wiley Finance; Wiley Finance Editions
• Subjects: Social sciences, law, business > Business > Business administration; Finanzwesen, Finance & Investments, Finanz- u. Anlagewesen, Spezialthemen Finanz- u. Anlagewesen, Finance & Investments Special Topics