Fintech, or financial technology is using technology to provide financial services. With fintech becoming increasingly popular, it is no surprise that books have been written to help you understand the basics. With the ever-evolving nature of technology and the market, staying up to date with the latest news and trends is essential. Reading books on fintech can help you gain valuable knowledge and skills.
So, here are five of the best fintech books you should read:
The 5 Best FinTech Books To Read
Here is the list of the five best fintech books you should add to your library:
1. Bank 4.0: Banking Everywhere, Never at a Bank By Brett King
This explores how technology will revolutionize today’s banking systems and pave the way for intelligent banking services. In the book, Brett discusses how fintech and other disruptive technologies leverage AI technology, behavior analysis, and psychology to revolutionize banking economics. He also delves into how blockchain, AR, and other cutting-edge technologies will become the building blocks of modern banking systems. Brett also cautions that banks risk becoming obsolete if they don’t adapt to the digital revolution. This is one of the most comprehensive books on fintech and is a must-read for anyone interested in banking.
2. The FINTECH Book by Susanne Chisti and Janos Barberis
Authored by leading fintech experts, the FINTECH Book is a comprehensive guide to the financial technology revolution and how you can capitalize on it. The book covers the role of key stakeholders in the financial technology sector, such as bankers, entrepreneurs, asset managers, and consultants. The authors also discussed what led to the explosive growth of fintech and its underlying risks. Furthermore, this book highlights the sector’s immense potential and influence on related industries and the latest developments. This book also offers first-hand insights into this sector’s investment and entrepreneurial prospects.
3. FinTech For Dummies by Steven O’Hanlon, Susanne Chishti, Brendan Bradley & James Jockle
This book is the best resource for everything you need about fintech and invaluable information for anyone interested or who want to be in the sector. The authors delved deep into various topics, from understanding fintech to honing essential decision-making skills for growth and expansion. What’s more, you will learn about some of the most successful fintech in the world and how to progress through this ever-developing sector and further. In addition, you’ll also learn all the essential components you need to build a FinTech company if that’s the path you wish to pursue.
4. DeFi and the Future of Finance by Campbell R. Harvey, Ashwin Ramachandran, & Joey Santoro
This book reiterates the inevitable fact that the current financial landscape will be disrupted by decentralized finance or DeFi. Written by industry experts, the book dives into different aspects of DeFi, and the shortcomings of the current financial system. The book also discusses how DeFi can revolutionize the financial system and can solve the shortcomings of the current financial system. Furthermore, the authors provide comprehensive information about DeFi protocols such as Uniswap and Compound. As with any new technology, various risks come with it, and the authors aptly analyze these risks and how they can be managed.
5. Financial Technology: Case Studies in Fintech Innovation by Niels Pedersen
In his book, Niels Pedersen gives his in-depth analysis of the academic and commercial relevance of fintech through various analytical frameworks. Niels also talks about their underlying advantages and challenges. He also discusses how fintech is increasingly becoming mainstream, automated, and decentralized. Furthermore, the book covers critical technologies prevalent in fintech, such as blockchains, AI, APIs, cloud computing, and machine learning, that may be helpful to both practitioners and researchers. The book also includes multiple case studies on implementing fintech in large and small companies such as TransferWise, Lloyds Bank, and Generali that help readers better understand the sector.
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Conclusion
Fintech books can be an excellent resource for those curious about this rapidly growing digital finance trend who want to understand it. From technical aspects, like blockchain technology and machine learning, to case studies of successful fintech startups, these books provide comprehensive information on the latest developments in the industry.
Whether you are a financier, policy maker, business owner, or budding fintech entrepreneur, these 5 best fintech books will provide a comprehensive insight into how fintech technology is transforming finance. As digital finance continues to disrupt conventional banking systems, these books will help you to stay up-to-date with the latest developments in the sector.