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oapen-20.500.12657-871672024-03-28T14:03:04Z Methods and Design Principles for Financial Innovation, Explaining the Supply Side for Interoperability in Finance- and Insurance-Tech Serrano, Martín Khorsand, Bardia Soldatos, John FinTech;IoT;Big Data;Trustworthy Systems thema EDItEUR::U Computing and Information Technology::UB Information technology: general topics In this second part of the INFINITECH book series, which is a series of three books, the basic concepts for Fintech referring to the diversity in the use of technology to underpin the delivery of financial services are reviewed. The demand and the supply side in the financial sector are demonstrated, and further discussed is why Fintech is the focus of industry nowadays and the meaning for waves of digitization. Financial technology (FinTech) and insurance technology (InsuranceTech) are rapidly transforming the financial and insurance services industry. An overview of Reference Architecture (RA) for BigData, IoT and AI applications in the financial and insurance sectors (INFINITECH-RA) is also provided. Moreover, the book reviews the concept of innovation and its application in INFINITECH, and innovative technologies provided by the project for financial sector practical examples. 2024-01-24T13:16:27Z 2024-01-24T13:16:27Z 2023 book 9781638282303 https://library.oapen.org/handle/20.500.12657/87167 eng NowOpen application/pdf Attribution-NonCommercial 4.0 International 9781638282310.pdf Now Publishers 10.1561/9781638282310 10.1561/9781638282310 13f74cc9-b7cd-4eb0-8f5f-900c90afdd9f 9781638282303 226 open access
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In this second part of the INFINITECH book series, which is a series of three books, the basic concepts for Fintech referring to the diversity in the use of technology to underpin the delivery of financial services are reviewed. The demand and the supply side in the financial sector are demonstrated, and further discussed is why Fintech is the focus of industry nowadays and the meaning for waves of digitization. Financial technology (FinTech) and insurance technology (InsuranceTech) are rapidly transforming the financial and insurance services industry. An overview of Reference Architecture (RA) for BigData, IoT and AI applications in the financial and insurance sectors (INFINITECH-RA) is also provided. Moreover, the book reviews the concept of innovation and its application in INFINITECH, and innovative technologies provided by the project for financial sector practical examples.
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