How financial technologies are revolutionizing the financial industry
Autor(a) principal: | |
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Data de Publicação: | 2016 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/13903 |
Resumo: | Financial technologies (fintech) have known an incredible exposure over the last years, attracting investments of large billions of dollars. Fintech can be seen as the match between finance and technology and they are imposing a way of thinking in all the branches of the financial industry. The main aim of this dissertation is to study how the financial technologies are revolutionizing the financial industry. After the financial crisis of 2008, customers have changed their ways of seeing “Finance” and, more particularly, “Banks”, looking for products and services responding to their needs. Moreover, the financial crisis has highlighted a relevant number of dysfunctions of the banking sector and on the financial regulation. Regulators have strengthened their requirements for banks, particularly in their relations with clients. These have opened a breach for Fintech companies and they are using it. Fintech companies rely on a different value proposition to clients that is based on a timesaving, fast and clear experience. Indeed they are proposing majors innovation in products and also in the processes. Fintech companies have put the customer back at the center of all their attention; customer becomes again the top priority. Financial technologies have already revolutionized the finance industry even if their impact on the market, for the moment may still be seen as trivial. |
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How financial technologies are revolutionizing the financial industryFinançasTecnologiaIndústria de serviçosInovação financeiraClienteFinancial technologiesFinancial IndustryInnovationCustomersFinancial technologies (fintech) have known an incredible exposure over the last years, attracting investments of large billions of dollars. Fintech can be seen as the match between finance and technology and they are imposing a way of thinking in all the branches of the financial industry. The main aim of this dissertation is to study how the financial technologies are revolutionizing the financial industry. After the financial crisis of 2008, customers have changed their ways of seeing “Finance” and, more particularly, “Banks”, looking for products and services responding to their needs. Moreover, the financial crisis has highlighted a relevant number of dysfunctions of the banking sector and on the financial regulation. Regulators have strengthened their requirements for banks, particularly in their relations with clients. These have opened a breach for Fintech companies and they are using it. Fintech companies rely on a different value proposition to clients that is based on a timesaving, fast and clear experience. Indeed they are proposing majors innovation in products and also in the processes. Fintech companies have put the customer back at the center of all their attention; customer becomes again the top priority. Financial technologies have already revolutionized the finance industry even if their impact on the market, for the moment may still be seen as trivial.As tecnologias financeiras (Fintech) têm conhecido uma crescente exposição desde há vários anos, atraindo o investimento de largos milhões de dólares. As Fintech podem ser vistas como o casamento entre finanças e tecnologia e estão a obrigar a repensar todos os ramos da indústria financeira. O principal objetivo desta dissertação é estudar como as tecnologias financeiras estão a revolucionar a indústria financeira. Após a crise financeira de 2008, os clientes mudaram a sua maneira de olhar para as "Finanças" e, mais particularmente, para os "Bancos", na procura de produtos e serviços que respondam às suas necessidades. Além disso, a crise financeira colocou a descoberto um número relevante de disfunções do sector bancário e na regulação financeira. Os reguladores aumentaram as suas exigências para com os bancos, particularmente nas suas relações com os clientes. Tudo isto criou um conjunto de oportunidades para as empresas fintech que estas aproveitaram . Estas empresas assentam fintech numa proposta de valor diferente para os clientes, que assenta numa experiência de economia de tempo, rápida e clara. Na verdade, propõem um conjunto de inovações importantes não apenas em produtos mas também nos processos. As empresas fintech voltaram a colocar o cliente no centro das atenções. O cliente volta a ser a principal prioridade. As tecnologias financeiras revolucionaram a indústria financeira ainda que, neste momento, o seu impacto no mercado possa ainda ser visto como algo trivial.2017-07-07T14:07:39Z2019-07-07T00:00:00Z2016-01-01T00:00:00Z20162016-09info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/13903TID:201255553engDuval, Lucieinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:50:41Zoai:repositorio.iscte-iul.pt:10071/13903Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:25:02.851114Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
How financial technologies are revolutionizing the financial industry |
title |
How financial technologies are revolutionizing the financial industry |
spellingShingle |
How financial technologies are revolutionizing the financial industry Duval, Lucie Finanças Tecnologia Indústria de serviços Inovação financeira Cliente Financial technologies Financial Industry Innovation Customers |
title_short |
How financial technologies are revolutionizing the financial industry |
title_full |
How financial technologies are revolutionizing the financial industry |
title_fullStr |
How financial technologies are revolutionizing the financial industry |
title_full_unstemmed |
How financial technologies are revolutionizing the financial industry |
title_sort |
How financial technologies are revolutionizing the financial industry |
author |
Duval, Lucie |
author_facet |
Duval, Lucie |
author_role |
author |
dc.contributor.author.fl_str_mv |
Duval, Lucie |
dc.subject.por.fl_str_mv |
Finanças Tecnologia Indústria de serviços Inovação financeira Cliente Financial technologies Financial Industry Innovation Customers |
topic |
Finanças Tecnologia Indústria de serviços Inovação financeira Cliente Financial technologies Financial Industry Innovation Customers |
description |
Financial technologies (fintech) have known an incredible exposure over the last years, attracting investments of large billions of dollars. Fintech can be seen as the match between finance and technology and they are imposing a way of thinking in all the branches of the financial industry. The main aim of this dissertation is to study how the financial technologies are revolutionizing the financial industry. After the financial crisis of 2008, customers have changed their ways of seeing “Finance” and, more particularly, “Banks”, looking for products and services responding to their needs. Moreover, the financial crisis has highlighted a relevant number of dysfunctions of the banking sector and on the financial regulation. Regulators have strengthened their requirements for banks, particularly in their relations with clients. These have opened a breach for Fintech companies and they are using it. Fintech companies rely on a different value proposition to clients that is based on a timesaving, fast and clear experience. Indeed they are proposing majors innovation in products and also in the processes. Fintech companies have put the customer back at the center of all their attention; customer becomes again the top priority. Financial technologies have already revolutionized the finance industry even if their impact on the market, for the moment may still be seen as trivial. |
publishDate |
2016 |
dc.date.none.fl_str_mv |
2016-01-01T00:00:00Z 2016 2016-09 2017-07-07T14:07:39Z 2019-07-07T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/13903 TID:201255553 |
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http://hdl.handle.net/10071/13903 |
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TID:201255553 |
dc.language.iso.fl_str_mv |
eng |
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eng |
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info:eu-repo/semantics/openAccess |
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openAccess |
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application/pdf application/octet-stream |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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