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The threat against banks is real and is happening now. Fintech startups have arrived, and instead of trying to create better, cheaper banks, they’re reshaping the entire business model of banking: These startups don’t need low-cost deposits, for one, and by innovating and taking risk, they’re creating better user experiences and faster payments through tech-driven payment systems.
In his second book, author Nick Clements discusses these new business models and their leading players, along with the risks. He expounds on examples of real people who have benefited from these new products and services, and offers up actionable advice for how you, too, can bail on your bank and easily cash in on the fintech revolution.
- Sales Rank: #315076 in eBooks
- Published on: 2015-10-21
- Released on: 2015-10-21
- Format: Kindle eBook
Most helpful customer reviews
1 of 1 people found the following review helpful.
Short introduction to American fintech
By Mariusz Zabrocki
A book for Americans who do not know anything about financial services outside of banks. There are a couple of interesting tips for them.
This very short (1.5h in my case) booklet will not bring you much illumination if you are familiar at least on a basic level with fintech.
Book seems to have an objective of promoting the startup launched by the author of the book.
1 of 1 people found the following review helpful.
Moving Topic
By Federali
Very moving topic, I can only imagine how much FinTech is affective traditional banks in America.
Around the world, particularly in South Africa, traditional banks have already adopted the technology mentioned all over this book. All but the reduced transaction fees. Bitter-sweet.
0 of 0 people found the following review helpful.
Solid Overview of Fintech and the US banking system
By Daniel Richardson
This is a great, quick read for anyone searching for further information on the different Fintech companies currently flooding the American market.
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