Fintech and the remaking of financial institutions

Front Cover -- Fintech and the Remaking of Financial Institutions -- Copyright Page -- Contents -- Acknowledgments -- 1 Introduction -- M-Pesa: Providing Some of the World's Poorest With Financial Access -- Venmo: Effortlessly Split Dinner Tabs, Buy Concert Tickets With Friends -- Bitcoin, Ethereum and Other Cryptocurrencies -- Blockchain: A Protocol With Wide Application Potential -- Square: Mobile Payments -- Stripe: E-Commerce Payments -- Lending Club, SoFi, Kiva: Peer-to-Peer Lenders Disintermediate the Banks -- Transferwise: Matching Users for Remittances -- Chapter 2. Disruption and Disintermediation in Financial Products and Services: Why Now? -- Chapter 3. Money: A Medium of Exchange, Unit of Account and Store of Wealth -- Chapter 4. Financial Institutions -- Chapter 5. Bubbles, Panics, Crashes, and Crises -- Chapter 6. Bank Lending -- Chapter 7. Time Value of Money: Interest, Bonds, Money Market Funds -- Chapter 8. Equities, Efficient Markets, Exchanges -- Chapter 9. Foreign Exchange -- Chapter 10. Forwards, Futures, and Swaps -- Chapter 11. Commodities -- Chapter 12. Options -- Chapter 13. Startup Financing -- Chapter 14. Fintech in a Global Setting -- Chapter 15. Fintech and Government Regulation -- Chapter 16. Social Issues: Diversity and Inclusion, Unemployment, and Income Distribution -- Chapter 17. The Future Millennial Bank-Your Parents' Bank Integrates With the Disrupters -- 2 Disruption and Disintermediation in Financial Products and Services: Why Now? -- Millennials -- Fact 1: Millennials are now the Largest, Most Diverse Generation in the US Population -- Fact 2: Millennials Have Been Shaped by Technology -- Fact 3: Millennials Value Community, Family, and Creativity in Their Work -- Fact 4: Millennials Have Invested in Human Capital More Than Previous Generations.