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Fintech

In: The Economic Value of Digital Disruption

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  • Vijay Kumar

    (Azygos Consulting)

Abstract

The financial world is getting a digital makeover. Traditional banks are set to disappear in a decade. Digital payments are the norm making the world a cashless and a more inclusive society. Crypto, the digital currency, was originally conceived to replace the centralized financial system but is ending up as a haven for speculators and illegitimate players. Through AI, high-frequency trading has taken over 90% of global securities trading.

Suggested Citation

  • Vijay Kumar, 2023. "Fintech," Management for Professionals, in: The Economic Value of Digital Disruption, chapter 0, pages 111-229, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-19-8148-7_2
    DOI: 10.1007/978-981-19-8148-7_2
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