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The Emergence of Techfin

In: The Future of Finance

Author

Listed:
  • Henri Arslanian

    (University of Hong Kong)

  • Fabrice Fischer

    (Blu ltd)

Abstract

Until recently, most of the analysis into the potential for competitive disruption in financial services revolved around new fintech entrants as the key catalyst for change to the structure of the financial ecosystem. But today, more and more attention is being given to a potentially much more disruptive set of new entrants: ones who bring vast sums of capital and unparalleled technical capabilities as well as enormous pre-existing user bases who engage with them via digital channels on a daily basis. These are, of course, the world’s large technology companies. A growing number of financial executives fear that their entry into financial services as direct competitors is simply a matter of time.

Suggested Citation

  • Henri Arslanian & Fabrice Fischer, 2019. "The Emergence of Techfin," Springer Books, in: The Future of Finance, chapter 5, pages 69-75, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-14533-0_5
    DOI: 10.1007/978-3-030-14533-0_5
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