1st Edition

The Routledge Handbook of FinTech

Edited By K. Thomas Liaw Copyright 2021
    490 Pages 58 B/W Illustrations
    by Routledge

    490 Pages 58 B/W Illustrations
    by Routledge

    The Routledge Handbook of FinTech offers comprehensive coverage of the opportunities, challenges and future trends of financial technology.

    This handbook is a unique and in-depth reference work. It is organised in six thematic parts. The first part outlines the development, funding, and the future trends. The second focuses on blockchain technology applications and various aspects of cryptocurrencies. The next covers FinTech in banking. A significant element of FinTech, mobile payments and online lending, is included in the fourth part. The fifth continues with several chapters covering other financial services, while the last discusses ethics and regulatory issues. These six parts represent the most significant and overarching themes of FinTech innovations.

    This handbook will appeal to students, established researchers seeking a single repository on the subject, as well as policy makers and market professionals seeking convenient access to a one-stop guide.

    List of figures

    List of tables

    List of contributors

    Part 1: Fintech Innovations and Trends

    Chapter 1: Fintech Innovations and Financial Markets: An Introduction

    K. Thomas Liaw

    Chapter 2: Fintech Venture Capital

    Douglas J. Cumming and Armin Schwienbacher

    Chapter 3: The Future of Finance: Why Regulation Matters

    Mark Fenwick and Erik P.M. Vermeulen

    Chapter 4: Digital Currencies: What Role in Our Financial System?

    Gregory Claeys and Maria Demertzis

    Part 2: Blockchain and Cryptocurrencies

    Chapter 5: Decentralized Autonomous Risk Transfer on the Blockchain

    Alexander Braun, Niklas Hausle and Stephan Karpischek

    Chapter 6: Distributed Ledger Technologies and Blockchain for FinTech: Principles and Applications

    Raghava Rao Mukkamala and Ravi Vatrapu

    Chapter 7: Initial Coin Offerings: A Statistical Analysis of the Main Characteristics

    Paola Cerchiello and Anca Mirela Toma

    Chapter 8: Initial Coin Offerings: a New Trend in the Market

    Ana Garcia Rodriguez

    Chapter 9: Price Discovery in the Bitcoin Futures and Cash Markets

    Tatja Karkkainen

    Chapter 10: Trading and Regulation of Cryptocurrencies, Stablecoins and other Cryptoassets

    Anil Savio Kavuri and Alistair Milne

    Chapter 11: Cryptoassets and Financial Crime: a European Union Perspective

    Robby Houben and Alexander Snyers

    Part 3: Fintech in Banking

    Chapter 12: Fintechs: Unbundling to Re-bundling in the Open Industry of Banking

    Anna Omarini

    Chapter 13: Is Fintech a Threat or a Promise to Banks?

    Krishnan Dandapani, Mohammad Hashemi Joo, and Yuka Nishikawa

    Chapter 14: Virtual Rush: The Race for Virtual Banks in the Asia-Pacific Region

    Jackson Mueller

    Chapter 15: The Restructure of China's Banking Industry by Artificial Intelligence and Fintech

    Zhuming Chen, Jing Li, Xiangyu Zhang, Xin Li, Jinghong Zeng, Shihan Wang and Weihan Zhang,

    Part 4: Fintech in Payments and Lending

    Chapter 16: Consumer Payment Preferences and the Impact of Technology and Regulation: Insights from the Visa Payment Panel Study

    Tom Akana

    Chapter 17: Meet People Where They Are: Blending Formal Credit using Informal Financial Traditions

    Tom Akana

    Chapter 18: Peer-to-Peer Lending Risk Management

    Arianna Agosto

    Part 5: Fintech in Other Financial Services

    Chapter 19: Rethinking Automated Investment Adviser Disclosure

    Nicole G. Iannarone

    Chapter 20: Market Risk for Robot Advisory

    Paolo Pagnottoni and Gloria Polinesi

    Chapter 21: Financial Technology in the U.S. Municipal Fixed Income Market

    Timothy J. Stevens

    Chapter 22: Proptech: The Real Estate Industry in Transition

    Marc Feth

    Part 6: Fintech Regulatory Issues

    Chapter 23: Machine Learning Implications for Banking Regulations

    Lihong L. McPhail and Joseph E. McPhail

    Chapter 24: Regulating Fintech in Canada and the United States: Comparison, Challenges and Opportunities

    Ryan Clements

    Chapter 25: Cryptocurrency Market Reactions to Regulatory News

    Raphael Auer and Stijn Claessens

    Index

    Biography

    K. Thomas Liaw is a Professor of Finance in the Economics and Finance Department at St. John's University, New York, USA.