Chapter 1: Introduction -- Chapter 2: Fintech and its historical perspective -- Part I: FINTECH & BLOCKCHAIN: INTERNATIONAL OVERVIEW -- Chapter 3: Financial Engineering and ICT in the past -- Chapter 4: Fintech and Blockchain: Contemporary Issues, New Paradigms and Disruption -- Chapter 5: The...

Financial services technology and its effect on the field of finance and banking has been of major importance within the last few years. The spread of these so-called disruptive technologies, including Blockchain, has radically changed financial markets and transformed the operation of the...

Intro -- Copyright -- Title Page -- Preface -- About the Editors -- Acknowledgements -- Part 1 AI: Need to Know -- Chapter 1 The Future of AI in Finance -- The Promise of Deep Learning -- Business Applications in Finance -- Time for a Reality Check -- Safeguards and Systemic Risk -- Chapter 2...

We ask whether machine learning algorithms improve the efficiency of screening of the loan officers, and thereby help expand access to formal credit. We obtain loan application level data from an Indian bank. To overcome the selective labels problem, we exploit the incentive driven within...

We consider the drivers and implications of the growth of "BigTech" in finance - ie the financial services offerings of technology companies with established presence in the market for digital services. BigTech firms often start with payments. Thereafter, some expand into the provision of...

This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access to services. I document first that financial services remain surprisingly expensive, which explains the emergence of new entrants. I then argue that the current regulatory...

The relationship between financial innovators and regulators has been historically tense, with financial innovators taking advantage of loopholes and regulators desperately trying to keep pace with innovations while dealing with limited resources and long bureaucratic processes. Nonetheless, in...