The Adoption of Fintech: Using Technology for Better Security, Speed, and Customer Experience in Finance

The term Fintech is a combination of the words ＂financial＂ and ＂technology,＂ which is now a real business need. However, there are limited books covering holistic aspects from adoption to the future of Fintech. This book directs readers on how to adopt Fintech, develop regulation and risk frameworks, implement it in financial services, address ethical dilemmas, and sustain improvements. The anticipated challenges are developing trust, security, privacy, and a regulated environment without compromising profitability and financial stability. The anticipated solution is strengthening the governance, use of unbreachable technologies, risk management, consumer data protection, and sustainable practices.

This book is recommended for stakeholders, especially Fintech scholars, practitioners, and policymakers. It provides holistic insight and opportunities to support Fintech developments for the betterment of the economy and society. Fintech is defined as injecting technology into the area of finance for better security, speed, and customer experience. This book provides readers with direct case studies for better understanding. In addition, it explains the regulation and usage of Fintech in daily transactions. Readers are shown how Fintech has an imperative role in financial analysis, Insurtech, and the share market.

Syed Hasan Jafar is an Area Chair of Finance at Woxsen University. He has around 13 Years of Experience in the field of Finance and worked as a Research Analyst, Deputy Research Head, and Corporate Trainer. He comes on several national media channels as a financial expert to share his view on the financial market. His areas of expertise are Security Analysis, Corporate Finance, Equity and Derivative Research, and Valuation. He has taken several sessions in top universities in India and abroad. He was Awarded as Best Faculty of the Year 2020-21 in Woxsen School of Business, Woxsen University. He conducted more than 50 Investor awareness programs nationwide and was awarded the best Research Analyst several times during his corporate experience.

Dr. Hemachandran K has been a passionate teacher with 14 years of teaching experience and having 5 years of research experience. A strong educational professional with a scientific bent of mind, highly skilled in AI & ML. After receiving Ph.D. in embedded system at Dr. MGR Educational & Research Institute, India. He started doing interdisciplinary research in AI. An open-ended positive person who has a stupendous peer-reviewed publication record with more than 20 journals and international conference publications. He served as an effective resource person at various national and international scientific conferences. He has rich research experience in mentoring UG & PG student projects. He owed two patents to his credentials. He has a life membership in estimable professional bodies. He was a pioneer to establish a Single Board Computer lab at Ashoka Institutions, Hyderabad, India. His self-paced learning schedule and quench to upgrade and update learning skills resulted in awarding of around 15 online certificate courses conferred by COURSERA and other online platforms. His editorial skills made him to include as an editorial board member of numerous reputed SCOPUS / SCI journals.

Dr. Shakeb Akhtar is an Assistant Professor and Program Director of MBA (Financial Services) at the School of Business, Woxsen University. He has been a passionate teacher with 3 years of teaching experience and having 5 years of research experience He has completed his Ph.D. in Banking and Finance from Aligarh Muslim University, Aligarh, Uttar Pradesh, India. His Ph.D. thesis concentrates on the comparison of the performance of private and foreign sector banks in India. He was declared a university topper in PG and Ph.D. coursework examinations. His research has been featured in leading journals including the Benchmarking: An International Journal, Quality and Quantity, Journal of Risk and Financial Management, International Journal of Sustainable Development and World Ecology, and one case study in his area is published in Emerging Economics Case Journal. His research interests include banking, sustainability, ESG, corporate governance, and green innovation practices. He teaches courses on corporate finance, accounting for managers, cost accounting, banking, and insurance practices.