Welcome to the InfoSci Platform
Reference Hub1
Innovations in Finance and the Future of Finance: A Critical Review

Innovations in Finance and the Future of Finance: A Critical Review

Sofia Devi Shamurailatpam
Copyright: © 2023 |Pages: 17
ISBN13: 9781668486245|ISBN10: 1668486245|ISBN13 Softcover: 9781668486252|EISBN13: 9781668486269
DOI: 10.4018/978-1-6684-8624-5.ch011
Cite Chapter Cite Chapter

MLA

Shamurailatpam, Sofia Devi. "Innovations in Finance and the Future of Finance: A Critical Review." Revolutionizing Financial Services and Markets Through FinTech and Blockchain, edited by Kiran Mehta, et al., IGI Global, 2023, pp. 166-182. https://doi.org/10.4018/978-1-6684-8624-5.ch011

APA

Shamurailatpam, S. D. (2023). Innovations in Finance and the Future of Finance: A Critical Review. In K. Mehta, R. Sharma, & P. Yu (Eds.), Revolutionizing Financial Services and Markets Through FinTech and Blockchain (pp. 166-182). IGI Global. https://doi.org/10.4018/978-1-6684-8624-5.ch011

Chicago

Shamurailatpam, Sofia Devi. "Innovations in Finance and the Future of Finance: A Critical Review." In Revolutionizing Financial Services and Markets Through FinTech and Blockchain, edited by Kiran Mehta, Renuka Sharma, and Poshan Yu, 166-182. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-8624-5.ch011

Export Reference

Mendeley
Favorite

Abstract

Technological innovation in the financial sector has brought significant development in the list of baskets of financial products available and convenience in delivery of financial services. This is reflected in terms of payment services, lending activities, management of assets, third party administrators, etc., among others that form the new business models and strategic management in financial sectors. FinTech or digital innovations in the financial sector has emerged as one of the qualitative changes in the financial markets across the globe with its associated potential specifically with regard to efficiency and performance of financial institutions. However, the financial innovations and its services are no exception to different form of risks for the customers in particular and to financial institutions at large. In this connection, this chapter attempts to give a critical review of the risks and uncertainties that may arise in the access and uses of FinTech-based platform in delivering digital financial products across the globe.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.