How financial technologies are revolutionizing the financial industry

Detalhes bibliográficos
Autor(a) principal: Duval, Lucie
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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spelling 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
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