1st Edition

Digital Project Practice for Banking and FinTech

Edited By Tobias Endress Copyright 2024
    220 Pages 32 B/W Illustrations
    by Auerbach Publications

    220 Pages 32 B/W Illustrations
    by Auerbach Publications

    220 Pages 32 B/W Illustrations
    by Auerbach Publications

    New technology and changes in the regulatory framework have had a significant impact; various new players have emerged, and new business models have evolved. API-based ecosystems have become the new normal and collaboration in the financial and banking industry has reached new levels. Digital Project Practice for Banking and FinTech focuses on technology changes in the financial industry and their implications for business practice.

    A combination of practical experience in the field as well as academic research, the book explores a wide range of topics in the multifaceted landscape of FinTech. It examines the industry’s various dimensions, implications, and potential based on academic research and practice. From project management in the digital era to the regulation and supervision of FinTech companies, the book delves into distinct aspects of this dynamic field, offering valuable insights and practical knowledge. It provides an in-depth overview of various unfolding developments and how to deal with and benefit from them.

    The book begins by exploring the unique challenges and opportunities project management presents in the digital era. It examines the evolving role of project management and provides strategies for effectively navigating the complexities of digital transformation initiatives. The book then covers such topics as:

    • Financial Technology Canvas, a powerful tool for facilitating effective communication within fintech teams
    • Process automation implementation in the financial sector and related benefits, challenges, and best practices to drive operational efficiency and enhance customer experiences
    • Robotic process automation in financial institutions
    • Cyptoeconomics and its potential implications for the diffusion of payment technologies
    • The efficiency and risk factors associated with digital disruption in the banking sector.

    At its core, this book is about real-world practice in the digital banking industry. It is a source of different perspectives and diverse experiences from the global financial and banking industry.

    .

    1. Project Management in the Digital Era
    Nirmala Sookharry

    2. Facilitating Communication: The Financial Technology Canvas
    Tobias Endress

    3. Fintech Process Automation
    Kourosh Dadgar

    4. Robotic Process Automation in Financial Institutions
    Michael Jacobus and Martin Schneider

    5. Future Cryptoeconomics: Digital Diffusion of PayTech
    Wesley L. Harris and Jarunee Wonglimpiyarat

    6. Cryptocurrencies and Fintech for People in a Hurry
    Syed Shurid Khan

    7. Digital Disruption in Banking Sector: Evaluating Efficiency and Risk
    Jeevesh Sharma

    8. Crowdfunding as a Digital Financing Alternative
    Volkmar Mrass

    9. Which Signals Promise Success in Crowdfunding? A Simple Guide for Start-Ups
    Florian W. Bartholomae and Eva Stumpfegger

    10. Making Finance Invisible: What Defines Embedded Finance and its Effects on User Experience?
    Jibran Ahmed Bugvi and Tobias Endress

    11. The Buy-Now-Pay-Later Ecosystem: New (Algo)Rhythms of Spending and Reframed Relationships
    Ruffin Relja, Philippa Ward, and Anita Lifen Zhao

    12. Zero Trust in Banking and Fintech
    Tobias Endress

    13. Sustainable Development Goals as Unintended Consequence of Digital Transformation Strategies: Case of Siam Commercial Bank
    Sundar Venkatesh

    14. Working With, Not Against: An Asian Cooperative Approach in Developing Fintech
    Chris Lobello and Jayant B. Ramanand

    15. Blockchain and Financial Services: An Overview of Application Fields in Payment Transactions and for Securities Services
    Marc Rainer Nathmann

    Biography

    Dr. Tobias Endress is an Assistant Professor and Program Director for Business Analytics and Digital Transformation at the Asian Institute of Technology (AIT) | School of Management. He has more than 20 years of professional experience in digital project business and innovation management. His former (non-academic) roles include project manager, product owner and business analyst for leading European and US financial services companies.

    He has completed professional training for banking, graduated in Computer Science and Business Administration at VWA Frankfurt/Main, and in Business Economics at Avans+ in Breda (NL). He received a Master’s Degree in Leadership in Digital Communication at Berlin University of the Arts (UdK Berlin), as well as a Doctorate in Business Administration at the University of Gloucestershire in Cheltenham (UK). He is also the director of the Startup Grind Chapter in Bangkok.