444 pages | 44 B/W Illus.
*Open Access content has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) license
This comprehensive guide serves to illuminate the rise and development of FinTech in Sweden, with the Internet as the key underlying driver. The multiple case studies examine topics such as: the adoption of online banking in Sweden; the identification and classification of different FinTech categories; process innovation developments within the traditional banking industry; and the Venture Capital (VC) landscape in Sweden, as shown through interviews with VC representatives, mainly from Sweden but also from the US and Germany, as well as offering insight into the companies that are currently operating in the FinTech arena in Sweden. The authors address questions such as: How will the regulatory landscape shape the future of FinTech companies? What are the factors that will likely drive the adoption of FinTech services in the future? What is the future role of banks in the context of FinTech and digitalization? What are the policies and government initiatives that aim to support the FinTech ecosystem in Sweden? Complex concepts and ideas are rendered in an easily digestible yet thought-provoking way.
The book was initiated by the IIS (the Internet Foundation in Sweden), an independent organization promoting the positive development of the Internet in the country. It is also responsible for the Internet’s Swedish top-level domain .se, including the registration of domain names, and the administration and technical maintenance of the national domain name registry. The book illustrates how Sweden acts (or does not act) as a competitive player in the global FinTech arena, and is a vital addition to students and practitioners in the field.
Foreword: Foreword - By Claudia Olsson; Introduction: Introduction - By Robin Teigland, Shahryar Siri, Anthony Larsson, Alejandro Moreno Puertas & Claire Ingram Bogusz; Chapter 1: A Regulatory Innovation Framework: How Regulatory Change Leads to Innovation Outcomes for FinTechs - By Åke Freij; Chapter 2: Information Security in the Realm Of Fintech by Georgios_Kryparos; Chapter 3: FinTech in Sweden – will policy makers’ (in)action nurture or starve its growth? - By Björn Olsson & Mattias Hallberg; Chapter 4: The Future of Cash - By Niklas Arvidsson; Chapter 5: The Adoption of Online Banking in Sweden - By Michael Björn; Chapter 6: The Role of Trust in Emerging Technologies - By Mats Lewan; Chapter 7: Responding to the Fintech Challenge: A Study of Swedish Bank Managers’ Perception of Fintech’s Effects On Digitalization And Customer E-Loyalty - By Anthony Larsson; Chapter 8: The Three Phases of Fintech - By Anna Felländer, Shahryar Siri & Robin Teigland; Chapter 9: Clarifying the Blurry Lines of FinTech: Opening the Pandora’s Box of Fintech Categorization - By Michal Gromek; Chapter 10: The Internet as an Enabler of FinTech - By Mats Lewan; Chapter 11: Digital Traces, Ethics and Insight: Data-Driven Services in Fintech - By Claire Ingram Bogusz; Chapter 12: Digital Meetings: Real Growth - Better Funding? An Introduction to Swedish Crowdfunding - By Michal Gromek & Alexandre Dubois; Chapter 13: Payments in Sweden - By Niklas Arvidsson; Chapter 14: An Introduction to Robo-Advisory - By Agne Macijauskaite; Chapter 15: Blockchain: The Internet of Value - By Alejandro Moreno Puertas & Robin Teigland; Chapter 16: How to Scale Bitcoin: A Payment Network That No One Controls - By Håkan Holmberg; Chapter 17: Banks and Digitalization - By Jochem Van Der Zande; Chapter 18: The Role of Venture Capital for the Success of the Swedish Fintech Industry - By Elizabeth Press; Chapter 19: How Does Distance Come Into Play in Equity Crowdfunding? - By Alexandre Dubois & Michal Gromek; Chapter 20: The Stockholm FinTech Hub - By Catharina Burenstam Linder; Chapter 21: Geographic Decentralization of Fintech Companies in Sweden - By Katarzyna Jereczek; Chapter 22: When Britain Leaves the EU, Will FinTechs Turn to the Vikings? - By Timotheos Mavropoulos & Michal Gromek; Conclusion: Conclusion - By Robin Teigland, Shahryar Siri, Anthony Larsson, Alejandro Moreno Puertas & Claire Ingram Bogusz