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Fintech Strategy

Fintech Strategy


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About the Book

Part I. The financial-entrepreneurial innovation-technology convergenceChapter 1. How Fintech was born?- The internet and data revolution- The financial crisis and distrust in banks- Unattended market niches
Chapter 2. Technological possibilities- Technology as a resource- Block chain technologies and distributed financial systems- Data processing: Big data and artificial intelligence- Enabling technologies: Sandboxes, cybersecurity, and application programming interfaces
Chapter 3. Entrepreneurship in the Fintech industry- Opportunity and gap identification in the financial industryo The product concepto The business modelo Identification of market niche segments- Opportunity exploitationo Transformation of a product into a product strategyo Innovative value propositiono Positioning the value propositiono Value capturing- Venture outcomeso Consumer valueo Venture valuation and exit valueo Scaling the venture
Part II. Exploring opportunities in FintechChapter 4. Dynamics of Fintech and the broad financial industry- Traditional dynamics: The incumbents- Altered dynamics: Fintech- Fintech entry strategies- Competitive reactions- Conducting a competitive analysis- The interplay between innovation and regulation
Chapter 5. Financial consumer behavior and decision making- Consumer behaviour and moneyo Cognitive biaseso Heuristicso Prospect theory- Behaviour consumers and Fintech productso Behaviors arising in payments, crowdsourcing, crowd lending, and cryptocurrencieso Conducting experiments to assess consumer behaviour in Fintech
Chapter 6. Consumer segments in the Fintech marketo Niche and mass consumers in Fintecho Banked and unbankedo Digital and financial literacy segmentso Factors leading to adoption of Fintech product o Clustering techniques in Fintech
Chapter 7. Differentiation and sustainable competitive advantage- Banking products and differentiation- Attributes of Fintech products- Differentiation factors- Achieving a sustainable competitive advantage in Fintech: relationship vs transactionality- Actionable framework to assess competitive advantages
Part III. Exploiting opportunities in FintechChapter 8. Effectuation as a strategic approach- Causal approach to strategy formation- The suitability of effectuation as strategy in Fintech- The effectuation approacho Adaptationo Problems as business opportunitieso Affordable losseso Flexibilityo Resilience- The liability of newness: Resource shortage, lack of brand awareness and trust- An actionable effectuation framework in Fintech
Chapter 9. Developing a product-market fit- Socio-technical approaches to Fintech- Business viability and technology feasibility in Fintech- Pricing, branding, and communication of the value proposal - Implementing the product-market fit
Chapter 10. Measuring venture performance- Linking venture and financial metrics- Purchase funnel metrics- Investment attractors: Customer life time value and customer acquisition cost- Exit value of a Fintech venture- Analytics exemplary cases
Part IV. Broad outcomes of FintechChapter
About the Author: Pável Reyes-Mercado is professor at Universidad Anáhuac, Mexico, where his research focuses upon the adoption of innovations, technology-enabled marketing, and entrepreneurial marketing. He is the author of Eco-Innovations in Emerging Markets and co-editor of Reverse Entrepreneurship in Latin America.


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Product Details
  • ISBN-13: 9783030539443
  • Publisher: Springer International Publishing
  • Publisher Imprint: Palgrave MacMillan
  • Height: 210 mm
  • No of Pages: 200
  • Series Title: Palgrave Studies in Democracy, Innovation, and Entrepreneurs
  • Sub Title: Linking Entrepreneurship, Finance, and Technology
  • Width: 148 mm
  • ISBN-10: 303053944X
  • Publisher Date: 12 Aug 2021
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Spine Width: 14 mm
  • Weight: 476 gr


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