{"product_id":"creating-strategic-value-through-financial-technology-isbn-9781119243755","title":"Creating Strategic Value through Financial Technology","description":"\u003cb\u003eLessons in innovation from key FinTech trends and successes\u003c\/b\u003e \u003cp\u003e\u003ci\u003eCreating Strategic Value through Financial Technology\u003c\/i\u003e explores the growing Financial Technology (FinTech) industry to provide insight on how traditional financial institutions and FinTech companies can boost innovation and enhance valuation in a complex regulatory environment. In plumbing the depth and breadth of several niches within in the FinTech sector, author Jay Wilson uncovers key themes that have contributed to the industry's success; in this book, he maps them together to provide useful guideposts for investors, entrepreneurs, and traditional institutions looking to facilitate growth as technology and financial services collide. With an expert's perspective on FinTech history and outlook, certain trends and examples of value-enhancing strategies stand out. FinTech niches covered include: payments, crowdfunding, alternative\/marketplace lending, the blockchain, and technology solutions in the context of banking, insurance, and investment companies. \u003c\/p\u003e\u003cp\u003eThere is no denying the growing importance of technology in the financial services industry, and the FinTech sector offers valuable solutions for a diverse array of financial services providers and their customers. This book guides you through several niches of the FinTech sector, and highlights the most important takeaways from recent endeavors. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eNavigate the financial technology sector\u003c\/li\u003e \u003cli\u003eEnhance customer and product offerings\u003c\/li\u003e \u003cli\u003eImprove efficiency and cost structure\u003c\/li\u003e \u003cli\u003eEnhance profitability and company valuation from the intersection of technology and finance\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eInnovation and customer preference is a key driver of FinTech's growth. Customers are demanding better value and convenience, and the organizations that provide it are reaping the rewards of growth. As financial regulations grow more and more complex, and customers are presented with more and more options, it is becoming imperative for traditional institutions to modernize processes and carve out a place in the future of financial services. \u003ci\u003eCreating Strategic Value through Financial Technology\u003c\/i\u003e provides a handbook for navigating that space, with practical guidance on how FinTech companies and traditional financial institutions can enhance profitability and valuation from the trends. \u003c\/p\u003e\u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection One\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 What is Financial Technology? 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTechnology’s Impact on Financial Services 3\u003c\/p\u003e \u003cp\u003eWhat is FinTech and Who are the Players? 5\u003c\/p\u003e \u003cp\u003eWhy the Hype for FinTech? 10\u003c\/p\u003e \u003cp\u003eWhy is FinTech Potentially So Important to Society? 12\u003c\/p\u003e \u003cp\u003eRecent Trends and Market Conditions for the FinTech Industry 14\u003c\/p\u003e \u003cp\u003eConclusion 18\u003c\/p\u003e \u003cp\u003eNotes 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Community Banks and FinTech 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIs FinTech a Threat or an Opportunity for Community Banks? 21\u003c\/p\u003e \u003cp\u003eFinTech’s Potential Impact on Bank Valuation 29\u003c\/p\u003e \u003cp\u003eHow Community Banks Can Help FinTech Companies 31\u003c\/p\u003e \u003cp\u003eConclusion 32\u003c\/p\u003e \u003cp\u003eNotes 33\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 The Historical Context for FinTech 35\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 35\u003c\/p\u003e \u003cp\u003eFinTech History 35\u003c\/p\u003e \u003cp\u003eVisa and MasterCard: The Largest IPOs in FinTech History 40\u003c\/p\u003e \u003cp\u003eCore Vendors 43\u003c\/p\u003e \u003cp\u003eNotes 50\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection Two\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 State of Community Banks Embracing FinTech Today 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 53\u003c\/p\u003e \u003cp\u003eOverview of U.S. Community Bank Industry Trends 53\u003c\/p\u003e \u003cp\u003eBanks and FinTech Increasingly Intersect 56\u003c\/p\u003e \u003cp\u003eServing More Customers Digitally 56\u003c\/p\u003e \u003cp\u003eEvolving Regulatory Oversight of FinTech 61\u003c\/p\u003e \u003cp\u003eConclusion 66\u003c\/p\u003e \u003cp\u003eNotes 67\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Alternative Lending Niche 70\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Mortgage Market 70\u003c\/p\u003e \u003cp\u003eThe Consumer Lending Market 72\u003c\/p\u003e \u003cp\u003eGovernment Regulation of Alternative Lending Platforms 78\u003c\/p\u003e \u003cp\u003eConclusion 79\u003c\/p\u003e \u003cp\u003eNotes 80\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The Payments Niche 82\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTrends to Watch 82\u003c\/p\u003e \u003cp\u003eDigital Currencies and Blockchain Technology 91\u003c\/p\u003e \u003cp\u003eConclusion 99\u003c\/p\u003e \u003cp\u003eNotes 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 The Wealth Management Niche 104\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 104\u003c\/p\u003e \u003cp\u003eThe Evolution of the Online Brokerage Industry 106\u003c\/p\u003e \u003cp\u003eThe Rise of Robo-Advisors 108\u003c\/p\u003e \u003cp\u003eConclusion 116\u003c\/p\u003e \u003cp\u003eNotes 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 InsurTech and the Future of Insurance 120\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to InsurTech 121\u003c\/p\u003e \u003cp\u003eTechnology Trends in Insurance 123\u003c\/p\u003e \u003cp\u003eConclusion 129\u003c\/p\u003e \u003cp\u003eNotes 129\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSection Three\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Partnering with a FinTech Company 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 133\u003c\/p\u003e \u003cp\u003eConclusion 154\u003c\/p\u003e \u003cp\u003eNotes 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Early Stage FinTech Valuation Issues 156\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 156\u003c\/p\u003e \u003cp\u003eWhy You Should Have a Valuation Performed 157\u003c\/p\u003e \u003cp\u003eValuation Considerations for FinTech Companies 160\u003c\/p\u003e \u003cp\u003eWhat about Preferences and FinTech Valuations? 172\u003c\/p\u003e \u003cp\u003eSpecial Issues: Valuations for Other Stakeholders 173\u003c\/p\u003e \u003cp\u003eConclusion 183\u003c\/p\u003e \u003cp\u003eNotes 183\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Acquiring a FinTech Company 185\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 185\u003c\/p\u003e \u003cp\u003eRecent Trends in FinTech M\u0026amp;A Activity 187\u003c\/p\u003e \u003cp\u003eMetrics to Analyze FinTech Transactions 192\u003c\/p\u003e \u003cp\u003eAccounting Considerations and Goodwill Creation in FinTech Deals 202\u003c\/p\u003e \u003cp\u003eSpecial Issues to Consider with FinTech M\u0026amp;A 218\u003c\/p\u003e \u003cp\u003eConclusion 224\u003c\/p\u003e \u003cp\u003eNotes 224\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Liquidity Options Beyond a Sale 227\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 227\u003c\/p\u003e \u003cp\u003eLiquidity Options 228\u003c\/p\u003e \u003cp\u003eIs Your Buy–Sell Agreement Solidly Built? 234\u003c\/p\u003e \u003cp\u003eConclusion 240\u003c\/p\u003e \u003cp\u003eNotes 240\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Is There a Bubble Forming in FinTech? 242\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 242\u003c\/p\u003e \u003cp\u003eFactors Leading to a Bubble? 243\u003c\/p\u003e \u003cp\u003eSigns That a Bubble May Be Forming in FinTech 246\u003c\/p\u003e \u003cp\u003eCase Study of a FinTech Failure 246\u003c\/p\u003e \u003cp\u003eConclusion 251\u003c\/p\u003e \u003cp\u003eNotes 252\u003c\/p\u003e \u003cp\u003eIndex 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eJAY D. WILSON, JR.,\u003c\/b\u003e is vice president of Mercer Capital's Depository Institutions practice. He leads the firm's FinTech industry team, publishes research quarterly related to the FinTech industry, and is involved in the valuation of FinTech companies, banks, thrifts, and credit unions for a variety of purposes including corporate strategic planning, transactions, equity compensation, and financial statement reporting.\u003c\/p\u003e  \u003cp\u003eToday's customers demand better value and convenience from their financial services providers, and innovations in the financial technology (FinTech) sector have answered the call. While some see a future where FinTech makes traditional banks and wealth management firms obsolete, many visionaries in the industry see how established financial institutions can integrate FinTech into their models to gain an edge over competing banks and non-banking firms. \u003ci\u003eCreating Strategic Value through Financial Technology\u003c\/i\u003e is the much-needed handbook to navigating the complexities of practice and regulation to enable traditional financial institutions and FinTech companies to discover mutually beneficial partnerships to boost performance, enhance customer satisfaction, and improve profitability and returns. \u003c\/p\u003e\u003cp\u003eWhether you're an investor, entrepreneur, or with a traditional financial services company, this comprehensive road map to the FinTech industry shows you how to navigate the sector by looking at the major guideposts with a goal of facilitating the creation of strategic value at the intersections of financial services and technology. Community banks have the most to gain since offering customers state-of-the-art services and convenience can help them overcome competition from larger banks and non-banking organizations. No other resource more quickly and thoroughly brings you up to speed on the FinTech evolution and prepares you to take a leading role in its progress by offering: \u003c\/p\u003e\u003cul\u003e \u003cli\u003ePractical ways community banks can use FinTech to enhance customer service offerings, efficiency, profitability, and valuations\u003c\/li\u003e \u003cli\u003eUseful overviews of the emerging trends in existing niches of FinTech, including bank technology, alternative lending, payments, wealth management, and insurance\u003c\/li\u003e \u003cli\u003eKey insights from successful FinTech companies, including illuminating case studies of inspired ways technology disrupted and improved traditional banking\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis is only the beginning of how technology will alter finance as we know it, and \u003ci\u003eCreating Strategic Value through Financial Technology\u003c\/i\u003e gets you ahead of the curve and prepares you to be an influencer tomorrow.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989001584869,"sku":"NP9781119243755","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119243755.jpg?v=1761782386","url":"https:\/\/k12savings.com\/products\/creating-strategic-value-through-financial-technology-isbn-9781119243755","provider":"K12savings","version":"1.0","type":"link"}