Login
Register
Reset Password
Publish & Distribute
Publishing Solutions
Distribution Solutions
Subjects
Architecture and Design
Arts
Business and Economics
Chemistry
Classical and Ancient Near Eastern Studies
Computer Sciences
Cultural Studies
Engineering
General Interest
Geosciences
History
Industrial Chemistry
Jewish Studies
Law
Library and Information Science, Book Studies
Life Sciences
Linguistics and Semiotics
Literary Studies
Materials Sciences
Mathematics
Medicine
Music
Pharmacy
Philosophy
Physics
Social Sciences
Sports and Recreation
Theology and Religion
Publications
Journals
Books
Proceedings
Publishers
Blog
Contact
Search
EUR
USD
GBP
English
English
Deutsch
Polski
Español
Français
Italiano
Cart
Home
Journals
Foundations of Management
Volume 12 (2020): Issue 1 (January 2020)
Open Access
Technology-Driven Innovations in Financial Services: The Rise of Alternative Finance
Lech Gąsiorkiewicz
Lech Gąsiorkiewicz
,
Jan Monkiewicz
Jan Monkiewicz
and
Marek Monkiewicz
Marek Monkiewicz
| Oct 17, 2020
Foundations of Management
Volume 12 (2020): Issue 1 (January 2020)
About this article
Previous Article
Next Article
Abstract
Article
Figures & Tables
References
Authors
Articles in this Issue
Preview
PDF
Cite
Share
Published Online:
Oct 17, 2020
Page range:
137 - 150
DOI:
https://doi.org/10.2478/fman-2020-0011
Keywords
alternative finance
,
financial innovations
,
FinTech
,
technology enablers
,
digitalization
,
financial consumer protection
© 2020 Lech Gąsiorkiewicz et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Figure 1
FinTech tree: a taxonomy of the FinTech components(Source:BIS, 2020, p.7)
Figure 2
Financial services in Big tech portfolio (Source:BIS, 2019, p.56)
Figure 3
Stock market capitalization of Big tech versus major financial groups (Source:FSB, 2019, p.4)
Figure 4
Traditional IT compared to cloud computing (Source:US Department of Treasury, 2018, p.46)
Figure 5
Interactions between AI, machine learning, and Big Data analytics (Source:Kabza, 2020)
Figure 6
Frequency of cybersecurity incidents in finance (number of events)(Source:IMF, 2020, p.15)Note:1Number of cybersecurity incidents from international data collected by Advisen and approximately transcribed from the Bank of Canada's 2019 Financial System Review.
Figure 7
Cyber risk and systemic risk (Source:IMF, 2020, p.9)