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Incumbent Financial Institutions and Their Response to Fintechs

In: The Future of Finance

Author

Listed:
  • Henri Arslanian

    (University of Hong Kong)

  • Fabrice Fischer

    (Blu ltd)

Abstract

The challenges that fintechs face in their efforts to achieve scale raise an important question about the broader dynamics of the financial ecosystem. Given the significant obstacles that fintechs face, how have they succeeded in acquiring millions of users and billion-dollar valuations? Why haven’t incumbent financial institutions been the ones leading the innovation within their own industry?

Suggested Citation

  • Henri Arslanian & Fabrice Fischer, 2019. "Incumbent Financial Institutions and Their Response to Fintechs," Springer Books, in: The Future of Finance, chapter 4, pages 57-67, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-14533-0_4
    DOI: 10.1007/978-3-030-14533-0_4
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