The challenges and competitiveness of fintech companies in Europe, UK and USA: An overview
Pagination
87 - 107
ISBN-13
9783030664329
DOI
10.1007/978-3-030-66433-6_5
Journal
The Palgrave Handbook of FinTech and Blockchain
Metadata
Show full item recordAbstract
This chapter focuses on the challenges and opportunities of Fintech companies. The authors show how digitalisation is galloping to every business area and in particular in financial sector. It is further argued that the implementation of technological changes is driven by customers demand that is influenced significantly by millennium generation. The changes of the banking sector and its products are distributed across all bank's activities: retail banking including progressively expanding mobile banking, wholesale banking and of course insurance companies and their use of blockchain.