Praise for LEARNING PRACTICAL FINTECH FROM SUCCESSFUL COMPANIES
"Throughout my career I've seen the world of finance transformed by technology, from the earliest days of online lending to the current innovations happening with blockchain and cryptocurrency. I believe we're at a critical point in history where a new Internet of Value is starting to emerge, and I'm excited to see so many talented entrepreneurs tackling problems in global finance today."
--CHRIS LARSEN, Cofounder and Executive Chairman of Ripple
"Blockchain technology is changing the way the world does business. This book offers an inside look at how institutions from all corners of financial services and other areas of commerce are collaborating with software firms like R3 to re- engineer the infrastructure that enables money, goods, and information to flow around the globe."
--DAVID RUTTER, Founder, Chief Executive Officer of R3
"When we think about FinTech, we often think about New York, Silicon Valley, and London, but this book tackles the awakening dragon that is Asian FinTech. Do yourself a huge favor and read this book. Asia is where the real FinTech evolution is happening."
--BRETT KING, Author of Augmented and BANK 4.0, Host of the Breaking Banks Radio Show, Founder of Moven
Auflage
Sprache
Verlagsort
Dateigröße
ISBN-13
978-1-119-52370-3 (9781119523703)
Schweitzer Klassifikation
1 - Learning Practical FinTech from Successful Companies [Seite 3]
2 - Contents [Seite 7]
3 - Preface [Seite 9]
4 - Contributors [Seite 11]
5 - Planning/Editing Staff of the SBI Group [Seite 13]
6 - Chapter 1 Internet Revolution and Evolution of FinTech [Seite 15]
6.1 - Paradigm Shift from FinTech 1.0 [Seite 15]
6.1.1 - Advent of FinTech 1.0 [Seite 16]
6.1.2 - FinTech 1.5 : The Result of New Technology [Seite 16]
6.1.3 - Blockchain-based FinTech 2.0 [Seite 18]
6.1.4 - Practical Strategy for the Financial Industry [Seite 19]
6.1.5 - Financial Ecosystem and Strategic Advantage [Seite 21]
7 - Chapter 2 Evolution of the SBI Group [Seite 25]
7.1 - Accomplishments During the FinTech 1.0 Era [Seite 25]
7.1.1 - Complexity Knowledge and Business Ecosystem [Seite 25]
7.2 - Group Strategy to Promote the Shift to FinTech 1.5 and FinTech 2.0 [Seite 28]
7.2.1 - Big Data Office [Seite 28]
7.2.2 - Blockchain Promotion Department [Seite 29]
7.3 - Establishing Funds [Seite 30]
7.3.1 - The FinTech Fund [Seite 30]
7.3.2 - SBI Regional Bank Value Creation Fund [Seite 31]
7.4 - Establishing Joint Ventures [Seite 31]
7.4.1 - SBI Ripple Asia [Seite 31]
7.4.2 - Joint Venture with IBM [Seite 32]
7.5 - Strategies of Various Companies in the FinTech 1.5 and 2.0 Era [Seite 33]
7.5.1 - 1. Securities [Seite 33]
7.5.2 - 2. Investment Trust Rating Agency [Seite 36]
7.5.3 - 3. Bank [Seite 36]
7.5.4 - 4. Insurance [Seite 38]
7.5.5 - 5. FX-Related Business [Seite 39]
7.5.6 - 6. Cryptocurrency [Seite 39]
7.5.7 - 7. Savings Bank [Seite 40]
8 - Chapter 3 Background of the FinTech Revolution [Seite 41]
8.1 - Ascertaining Prospects of Growth Companies [Seite 41]
8.1.1 - 1. Target Market and Customers [Seite 41]
8.1.2 - 2. Management Team [Seite 42]
8.1.3 - 3. Business Strategy [Seite 42]
9 - Chapter 4 Breakthrough FinTech Companies [Seite 45]
9.1 - Robo-advisor [Seite 45]
9.1.1 - A Tenfold Difference in Assets [Seite 46]
9.1.2 - Automating the Asset Management Process [Seite 47]
9.1.3 - Taking the Subjectivity out of Asset Management [Seite 48]
9.1.4 - Bringing the Bank-Brokerage-Robo - Advisor Model to Japan [Seite 49]
9.1.5 - Appealing to a Younger Generation through Micro-Investing [Seite 49]
9.1.6 - Fixing the Wealth Gap [Seite 50]
9.1.7 - WealthNavi's Future Outlook [Seite 50]
9.2 - Automated Household Account Book and Cloud Accounting [Seite 51]
9.2.1 - Automated Household Account Book and Asset Management Service [Seite 52]
9.2.2 - Money Forward [Seite 52]
9.2.3 - MF Cloud Series, Cloud Services for Businesses [Seite 52]
9.2.4 - Expanding Money Forward to Financial Institutions [Seite 55]
9.2.5 - Launch of Official Account: A Private Page for Financial Institutions [Seite 55]
9.2.6 - Promotion of the Open Bank API Project [Seite 55]
9.2.7 - Making Use of the Fund-Raising Service MF Cloud Finance [Seite 56]
9.2.8 - Shift from Data Aggregation to Problem Solutions [Seite 56]
9.2.9 - Toward a Solution for Money Problems and Greater Productivity [Seite 57]
9.3 - Savings App [Seite 58]
9.3.1 - App for Natural Savings [Seite 59]
9.3.2 - A Business Model That Does Not Rely on User Fees [Seite 60]
9.3.3 - Connecting Life Information and Finance [Seite 63]
9.3.4 - A Savings App as an Introduction to Financial Services [Seite 64]
9.4 - Crowdfunding [Seite 64]
9.4.1 - Investment Crowd Financing That Is Not Simply Fundraising [Seite 65]
9.4.2 - Support for Business Plans and Audits [Seite 66]
9.4.3 - Shift from a Focus on Collateral to Business Feasibility [Seite 67]
9.4.4 - Hopes for Revitalizing Local Communities and Growth Money [Seite 67]
9.4.5 - Reducing the Time Required to Raise Funds [Seite 70]
9.4.6 - Supplying Funds from Japan to Abroad [Seite 71]
9.5 - Payments [Seite 71]
9.5.1 - Formidable Obstacles to Creating an E-Commerce Business [Seite 72]
9.5.2 - Shift from Platform to Payment Services [Seite 73]
9.5.3 - EC Platform BASE [Seite 73]
9.5.4 - Online Payment Service PAY.JP [Seite 75]
9.5.5 - ID-Based Payment Service PAY ID [Seite 75]
9.5.6 - Limits to Making Use of Payment Proxy Services [Seite 76]
9.5.7 - Creating Services through Business Tie-Ups [Seite 76]
9.5.8 - Moving toward the FinTech Era [Seite 77]
9.5.9 - High Praise from Owners Who Know the Difficulty of EC [Seite 78]
9.5.10 - Chat Support Regardless of the Size of the Company [Seite 78]
9.6 - Payments [Seite 80]
9.6.1 - Unique Features That Eliminate the Need for Credit Cards [Seite 81]
9.6.2 - A Business Model That Avoids the Risk of Uncollectable Accounts [Seite 81]
9.6.3 - The Importance of a New Payment Method [Seite 82]
9.6.4 - Issuers and Acquirers [Seite 83]
9.6.5 - Quick Screening Using an AI Engine [Seite 83]
9.7 - Payments [Seite 86]
9.7.1 - Giving Smartphones a Wallet Feel [Seite 87]
9.7.2 - A Service That Does Not Entail Fixed Expenses [Seite 87]
9.7.3 - Developing the Field of Retail Online Market Payment Field [Seite 88]
9.7.4 - Preventing unauthorized use in the payment field [Seite 89]
9.7.5 - Banks Can Acquire Customer Payment Data [Seite 91]
9.8 - Payments [Seite 91]
9.8.1 - Biometric Authentication That Links the Real World to the Internet [Seite 92]
9.8.2 - Response to Biometric Authentication Using Fingerprints, Iris, Veins, and the Face [Seite 93]
9.9 - Cryptocurrency [Seite 97]
9.9.1 - Internationality, Diversity, Resilience [Seite 97]
9.9.2 - Foundation of Financial Services Is Liquidity [Seite 98]
9.10 - Blockchain [Seite 103]
9.11 - Blockchain [Seite 111]
9.11.1 - Redundant Record Maintenance Costs [Seite 112]
9.11.2 - Sharing Using Distributed Ledger Technology [Seite 112]
9.11.3 - Functions That Increase Efficiency [Seite 113]
9.11.4 - Complaints Regarding Existing Distributed Ledger Technology [Seite 115]
9.11.5 - Corda, a Distributed Ledger for Managing Financial Transactions [Seite 115]
9.12 - Big Data [Seite 118]
9.13 - Big Data [Seite 123]
9.13.1 - Using Technology and Generating Value Added [Seite 126]
9.13.2 - Increase in "Amount of Thinking" in the World [Seite 127]
9.13.3 - Payment Data Shows the Character of Consumers [Seite 128]
9.13.4 - How to Define a Customer as a Grade-A Customer [Seite 129]
9.14 - AI and Big Data [Seite 131]
9.15 - Cloud Accounting [Seite 137]
9.15.1 - Automation, Simplification, Optimization [Seite 138]
9.15.2 - Making It Possible to Optimize Overall Accounting Operations [Seite 138]
9.15.3 - Promoting the Spread of Online Banking [Seite 139]
9.15.4 - Increase the Efficiency of the Financing Process [Seite 141]
9.16 - UX/UI [Seite 142]
9.16.1 - Misunderstanding of Design [Seite 144]
9.16.2 - Disrupting the Market through the Spread of the Smartphone [Seite 144]
9.16.3 - Birth of Services from a User Perspective [Seite 145]
9.16.4 - Easy-to-Use UI Improves UX [Seite 145]
9.16.5 - Importance of the Organization Understanding Design [Seite 146]
10 - Chapter 5 Issues for Financial Institutions and the Legal System [Seite 147]
10.1 - Current State of and Issues for Banks [Seite 147]
10.1.1 - Deposit-Loan Gap Remains 20% of Total Assets [Seite 147]
10.1.2 - Growing Instability in Bank Earnings [Seite 149]
10.1.3 - Growing Gap between Net Assets and Shareholders' Equity [Seite 150]
10.1.4 - For Three Major Japanese Financial Groups, International Operations and Group Companies Make Large Contributions to Earnings [Seite 150]
10.2 - Future of Regional Banks [Seite 154]
10.2.1 - Growing Importance of Regional Banks in Japan's Financial System [Seite 154]
10.2.2 - Expected Narrowing of Earnings from Lending Operations [Seite 154]
10.2.3 - Many Factors Causing Earnings Uncertainty [Seite 157]
10.2.4 - Difficulty of Dramatically Cutting Operating Expenses [Seite 157]
10.2.5 - Market's Valuation of Regional Bank Stocks Remains Harsh [Seite 158]
10.2.6 - Need for a Strategy That Leads to a Fundamental Review of the Earnings [Seite 158]
10.3 - Required Regulations [Seite 159]
10.3.1 - FinTech Lowers Barriers between Financial Industry and Other Industries [Seite 159]
10.3.2 - Stricter Global Financial Regulation [Seite 160]
10.3.3 - Withdrawal of Business Enterprises from the Finance Business in the United States [Seite 161]
10.3.4 - Global Financial Regulation and FinTech [Seite 162]
10.3.5 - Need to Develop a Multifaceted Legal System [Seite 163]
11 - Afterword [Seite 165]
12 - About the Author and Editor [Seite 169]
13 - Index [Seite 171]
14 - EULA [Seite 178]
