The Evolution of Fintech: A New Post-Crisis Paradigm?

Arner, Douglas W.; Barberis, Jnje; Buckley, Ross P.

doi:10.2139/ssrn.2676553

Cited by 649 publications

(629 citation statements)

References 10 publications

Supporting

Mentioning

551

Contrasting

Unclassified

Order By: Relevance

“…Ali has invested heavily in advanced technologies, such as big data, cloud computing, face recognition, and AI technology; fintech has brought tremendous advances to the finance market [64][65][66]. A similar factor is the digitalization of the transaction process, which is taken as one critical moderating variable in adopting financial solutions in a supply chain [55].…”

Section: Effect Of Advanced It Supportmentioning

confidence: 99%

“…Fintech is the portmanteau of "finance" and "technology," referring to technology used to deliver financial solutions [64]. Big data and cloud computing enable the calculation and evaluation of individual credit level, making rural financial service possible under imperfect credit systems.…”

Section: Effect Of Advanced It Supportmentioning

confidence: 99%

“…Mobile internet-based financial applications with friendly customer interface have also been attracting a large number of rural customers [66]. Fintech contributes greatly to Ali's implementation of online agricultural finance solution in five major areas: rural finance and urban investment, risk management and control, TPP (Alipay), data security and monetization, and customer interface [64].…”

Section: Effect Of Advanced It Supportmentioning

confidence: 99%

See 2 more Smart Citations

Innovative Financial Approach for Agricultural Sustainability: A Case Study of Alibaba

Zhou

Chen

2018

Sustainability

View full text Add to dashboard Cite

Sustainability and agricultural finance are two important issues attracting attention from industry and academia. This research adopts an in-depth case study methodology to investigate the agricultural finance initiatives of Alibaba Group, and explores how the agricultural finance practices of an e-commerce platform facilitate its sustainability goal. A reference framework is proposed to prove the adoption of agricultural finance. The influence of three moderating variables, namely, IT support, financial attractiveness, and cooperation with other entities, is analyzed. We find that advanced IT support and financial attractiveness are two indispensable enablers for agricultural finance initiatives, and collaboration with other entities is necessary in adopting agricultural supply chain finance.

show abstract

Section: Effect Of Advanced It Supportmentioning

confidence: 99%

Section: Effect Of Advanced It Supportmentioning

confidence: 99%

Section: Effect Of Advanced It Supportmentioning

confidence: 99%

See 1 more Smart Citation

Innovative Financial Approach for Agricultural Sustainability: A Case Study of Alibaba

Zhou

Chen

2018

Sustainability

View full text Add to dashboard Cite

show abstract

“…According to Arner, Barberis & Buckley (2015) the label Fintech entered the market as the employment of technology to provide financial services. Blake & Vanham (2016) refer to Fintech as the use of technology with respect to the design and provision of financial services.…”

Section: Fintech and Techfin: Different Perspectives Move Their Entermentioning

confidence: 99%

Banks and Fintechs: How to Develop a Digital Open Banking Approach for the Bank’s Future

Omarini¹

2018

IBR

View full text Add to dashboard Cite

Mutated market conditions, the advent of new players and digital technologies, and a significant regulatory push, are profoundly changing the banking industry. Banking business models may shift significantly from a pipeline, vertical, paradigm, to open banking models where modularity can be an opportunity for banks. Not only are the abovementioned factors representing a threat to the traditional model, but also they are spurring significant new opportunities to pursue new revenue streams. Those opportunities are exploited through new banking paradigms that entail higher levels of openness towards third parties and a crescent number of modular services bundled together. Models can go to mere compliance with the prescriptions of openness of PSD2, to the inclusion of new services, the opening of the banking core and data, and the aggregation of those within a platform experience. Value is created in platforms through economies of scope in production and innovation. This paper has explored the evolution of Fintech and Techfin in the market and the emergence of platform models in banking. It has investigated the evolution of that concept, also introducing an interesting banking case (BBVA), which gives several insights on the choices made toward a Banking-as-a-Platform model within the context of Fintech and Open Banking.

show abstract

“…Currently, financial operations like saving are mostly performed through technological means (Arner, Barberis & Buckley, 2015). Overall, our lives are constantly determined and influenced by technology (Weiser & Brown, 1997;Bohn et al, 2005).…”

Section: Role Of Technology In (Virtuous) Designmentioning

confidence: 99%

Billy Cash: Alcancía digital para promover comportamientos de ahorro con significado

Vela¹,

Casais

2018

RChD: creac. pensam. (En línea)

View full text Add to dashboard Cite

Virtue is a fundamental aspect of well-being. Past research has proposed that emotional-driven design can be a powerful mediator towards supporting virtue. However, virtue-focused solutions generally target isolated actions. Here, using saving as an example of virtuous behavior we present a design case-Billy Cash, a digital piggy bank that allows users to reflect during the saving process and extend the appreciation of the purchased item-that aims to demonstrate how design can facilitate virtuous behavior that is sustainable and can promote actual change. Through the analysis and evaluation of the design case, we propose a framework of design for virtuous behavior. The framework sets a scenario for design interventions that contemplate virtuous actions to be transformed into virtuous behaviors mediated by the resignification of resources and stimuli behind the experience. Keywords: design for virtue, meaningful saving, positive design, virtuous behavior.Resumen. La virtud es un elemento fundamental del bienestar. Investigaciones anteriores han propuesto que el diseño inspirado en las emociones puede ser un poderoso mediador para apoyar la virtuosidad. Sin embargo, las soluciones existentes generalmente se enfocan en acciones aisladas.En este artículo utilizamos el ejemplo del ahorro como un caso de diseño -Billy Cash, una alcancía digital que permite a los usuarios reflexionar durante el proceso de ahorro y extender la apreciación de un objeto comprado-para demostrar cómo el diseño puede facilitar un comportamiento virtuoso que es sostenible e promueve cambio. A través del análisis y evaluación del caso de diseño, proponemos un modelo para diseñar para comportamientos virtuosos. El modelo establece un escenario para las intervenciones de diseño que contemplan acciones virtuosas para ser transformadas en comportamientos virtuosos mediadas por la resignificación de recursos y estímulos detrás de la experiencia. Palabras clave: ahorro con significado, comportamientos virtuosos, diseño para la virtud, diseño positivo.

show abstract

The Evolution of Fintech: A New Post-Crisis Paradigm?

Cited by 649 publications

References 10 publications

Innovative Financial Approach for Agricultural Sustainability: A Case Study of Alibaba

Innovative Financial Approach for Agricultural Sustainability: A Case Study of Alibaba

Banks and Fintechs: How to Develop a Digital Open Banking Approach for the Bank’s Future

Billy Cash: Alcancía digital para promover comportamientos de ahorro con significado

Contact Info

Product

Resources

About