{"id":8909,"date":"2016-03-04T19:00:28","date_gmt":"2016-03-04T19:00:28","guid":{"rendered":"http:\/\/www.openbusinesscouncil.org\/?p=1485"},"modified":"2022-06-22T07:18:23","modified_gmt":"2022-06-22T07:18:23","slug":"new-book-is-the-first-globally-crowdsourced-book-on-fintech","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/new-book-is-the-first-globally-crowdsourced-book-on-fintech\/","title":{"rendered":"First Globally Crowdsourced Book on Finance Technology: The Fintech Book"},"content":{"rendered":"
\"The<\/a>
The Fintech Book, book published by Wiley<\/figcaption><\/figure>\n

First Globally Crowdsourced Book on FinTech<\/strong><\/p>\n

Fintech is one of the biggest drivers of the global economy and is disrupting and opening the way we look at the financial industry and how technology innovation can help finance to be more useful and somehow useful and clean. A new recent crowdsourced book The FINTECH Book – The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries – provides the first single, consolidated and authoritative resource on the subject and is the\u00a0first globally crowdsourced treatment of the topic, containing contributions from 85 expert authors from\u00a0across 20 countries around the globe.<\/p>\n

As FinTech created\u00a0new solutions which demonstrate an incremental or radical \/ disruptive innovation development of applications, processes, products or business models in the financial services industry a book that highlights such amount of experts from 20 countries is most welcome. Moreover the crowdsourced format makes it a strong instrument and resources for professionals and organisations worldwide.<\/p>\n

In a recent article in tradersdna.com\u00a0The State of FinTech<\/a> in 2016 we can see the growth of the industry with looking into how the USA provides the most attractive ecosystem for Fintech startups with a huge amount of companies around\u00a04.7 million companies, followed by India with 1.92 million and then the United Kingdom with 0.82 million.<\/p>\n

Moreover the fintech ecosystem thrives with some major startups been valued over $1 billion (Unicorn startups) such as\u00a0Square Inc for mobile payments ($6B), Stripe for online payments ($3.5B), Powa \u2013 an eCommerce and mCommerce technology company ($2.7B), Prosper for P2P lending ($1.98B) and Adyen for payment processing ($1.5B). Presently the combined worth of these start-ups is more than the major conglomerates such Google, Microsoft and Facebook falling just below the major player Apple worth $663.1B. We should expect much more as most of the big banks are investing in the ecosystem.<\/p>\n

\"The<\/a>
The State of FinTech in 2016, source tradersdna.com<\/figcaption><\/figure>\n

Initiated by FinTech thought leaders and entrepreneurs, Susanne Chishti and Janos Barberis, with their mutual\u00a0passion for FinTech, they believed that no one author, organization or region in the world was able to\u00a0exhaustively cover all the facets and nuances of FinTech. True to the principle of FinTech they crowd-sourced\u00a0the contributions for the book. They successfully reached out to the global FinTech community and selected\u00a0contributions from a range of individuals and organisations, from entrepreneurs working for FinTech start-ups,\u00a0to service providers, SMEs and employees of large organisations.<\/p>\n

Divided into sections covering: FinTech Themes, Hubs, Solutions, Emerging Markets & Social Impact, Capital &\u00a0Investment, Enterprise Innovation, Success Stories, Crypto-Currencies & Blockchain, and The Future of\u00a0FinTech, each chapter provides a first-hand insight from a practitioner at the cutting edge.<\/p>\n

As the financial technology and the sector is booming: entrepreneurs, bankers, consultants, investors and asset managers are scrambling for more information about fintech and are the key players. The book discussed what’s driving the explosive growth? What are the risks? This book collates insights, knowledge and guidance from industry experts to provide the answers to these important questions and more.<\/p>\n