IDEAS home Printed from https://ideas.repec.org/a/pal/assmgt/v21y2020i3d10.1057_s41260-020-00163-4.html
   My bibliography  Save this article

Cashing in on innovation: a taxonomy of FinTech

Author

Listed:
  • Michael B. Imerman

    (Claremont Graduate University)

  • Frank J. Fabozzi

    (EDHEC School of Business)

Abstract

In this article, we provide a taxonomy of the different types of innovation occurring in financial services, a framework which we refer to as our FinTech Ecosystem. We use this FinTech Ecosystem to highlight the various areas of potential value for investors who are looking into ventures in this space as alternative investments. Our conceptual framework enables investors to examine emerging technologies and FinTech verticals through the lens of a sector analysis. To better understand where the FinTech Revolution started and where it is going, we apply the concept of digital transformation to the financial services industry which allows us to highlight the delicate risk-reward balance in FinTech.

Suggested Citation

  • Michael B. Imerman & Frank J. Fabozzi, 2020. "Cashing in on innovation: a taxonomy of FinTech," Journal of Asset Management, Palgrave Macmillan, vol. 21(3), pages 167-177, May.
    • Handle: RePEc:pal:assmgt:v:21:y:2020:i:3:d:10.1057_s41260-020-00163-4
    DOI: 10.1057/s41260-020-00163-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41260-020-00163-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1057/s41260-020-00163-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Claude Bernard Lontchi & Baochen Yang & Kabir Musa Shuaib, 2023. "Effect of Financial Technology on SMEs Performance in Cameroon amid COVID-19 Recovery: The Mediating Effect of Financial Literacy," Sustainability, MDPI, vol. 15(3), pages 1-15, January.
    2. Oliver Werth & Davinia Rodríguez Cardona & Albert Torno & Michael H. Breitner & Jan Muntermann, 2023. "What determines FinTech success?—A taxonomy-based analysis of FinTech success factors," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-22, December.
    3. Sharina Tajul Urus & Intan Salwani Mohamed, 2021. "A Flourishing Fintech Ecosystem: Conceptualization and Governing Issues in Malaysia," Business and Economic Research, Macrothink Institute, vol. 11(3), pages 106-131, December.
    4. Nathanael Ojong & Simplice A. Asongu, 2021. "COVID-19 Global Pandemic, Financial Development and Financial Inclusion," Working Papers 21/078, European Xtramile Centre of African Studies (EXCAS).
    5. Thomas J. Chemmanur & Michael B. Imerman & Harshit Rajaiya & Qianqian Yu, 2020. "Recent Developments In The Fintech Industry," Journal of Financial Management, Markets and Institutions (JFMMI), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 1-31, June.
    6. Ozili, Peterson K, 2023. "Benefits of digital-only financial inclusion," MPRA Paper 118796, University Library of Munich, Germany.
    7. Ivanka Vasenska & Preslav Dimitrov & Blagovesta Koyundzhiyska-Davidkova & Vladislav Krastev & Pavol Durana & Ioulia Poulaki, 2021. "Financial Transactions Using FINTECH during the Covid-19 Crisis in Bulgaria," Risks, MDPI, vol. 9(3), pages 1-28, March.
    8. Jen Sheng Wang, 2021. "Exploring biometric identification in FinTech applications based on the modified TAM," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-24, December.
    9. Zhu Yongjie, 2023. "Enterprise life cycle, financial technology and digital transformation of banks—Evidence from China," Australian Economic Papers, Wiley Blackwell, vol. 62(3), pages 486-500, September.
    10. Treu, Johannes, 2022. "FinTech, General Purpose Technology und Wohlfahrt," IU Discussion Papers - Business & Management 5 (Juni 2022), IU International University of Applied Sciences.
    11. Lu, Yin & Tian, Tian & Ge, Chen, 2023. "Asymmetric effects of renewable energy, fintech development, natural resources, and environmental regulations on the climate change in the post-covid era," Resources Policy, Elsevier, vol. 85(PB).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:assmgt:v:21:y:2020:i:3:d:10.1057_s41260-020-00163-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.