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Financial technologies, commonly referred to as Fintech, are revolutionizing and reorganizing the financial sector. This digital transformation profoundly impacts society and influences our everyday lives in numerous ways, as financial services intersect with various other services we utilize.
This book offers contributions from leading researchers in the field, providing a comprehensive understanding of this multifaceted transformation. It encompasses emerging financial technologies such as cryptoassets, including Bitcoin and Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Central Bank Digital Currencies (CBDCs), and the growing significance of Artificial Intelligence (AI) and Generative AI.
While the primary audience comprises researchers and academics, practitioners and students can also glean practical insights from its contents.
Chapters "A Model of Trust in Central Bank Digital Currency (CBDC) in Brazil: How Trust in a Two-Tier CBDC with Both the Central and Retail Banks Involved Changes Consumer Trust" and "Building Trust in AI: Leadership Insights from Malaysian Fintech Boards" are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
List of contents
The new centralised and decentralised Fintech technologies and business models transforming finance.- Digital alchemy: The allure of blockchain technology and cryptocurrency in a modern economy.- Informal economy and central bank digital currency.- A model of trust in Central Bank Digital Currency (CBDC) in Brazil: How trust in a two-tier CBDC with both the central and retail banks involved changes consumer trust.- Modularizing decentralised finance: The DeFi layered stack revisited.- Modelling persistence in cross-market Bitcoin prices with a break and a memory.- External factors that affect the adoption of decentralized exchanges (DEX) for cryptocurrencies: The case of CURVE DEX.- Arena club: A case study in Web3 and Fintech innovation in the collectibles market.- The rise of Web3: Opportunities and challenges.- From the exclusion of the concept of blockchain to the delimitation of the concept of distributed ledger technology under MiCAR.- An introduction to robo-advisors, notable fintech implementations and underlying theory.- Artificial intelligence in financial technology: Challenges, opportunities, and global trends.- Metaverse: Where is it going to add value for the financial services industry and banks?.- The digital evolution of Italian financial services client behavior and market shifts.- Building Trust in AI: Leadership Insights from Malaysian Fintech Boards.- Opportunities and challenges of Fintech in Southeast Asia.- New cooperation models between banks and Fintech: A path toward digital transformation in the emerging financial ecosystem.- Fintech, banks and mobile operators: Interplays for increasing financial inclusion.- Understanding the RegTech drivers in the financial ecosystem.- Cybersecurity in Fintech from a corporate finance perspective.