The new centralised and decentralised Fintech technologies, and business models, transforming finance
The new centralised and decentralised Fintech technologies, and business models, transforming finance
Financial technologies, Fintech, not only offer new services, but reduce barriers to entry allowing for innovation. This digital transformation affects society in many ways, as financial services cut across many other services we use. There are some proven Fintech technologies, services and business models but there is still a-lot of uncertainty. There are alternative visions of finance’s future. Some change driven by Fintech can be achieved purely by competition, but wider change needs collaboration. This research extends an existing model and finds six Fintech business models that are optimised for AI and blockchain.
Trust remains a challenge for Fintech, particularly when generative AI is used. Trust must be built by leaders even if this means sacrificing some of generative AI’s capabilities.
The context of each country influences how much the pull for Fintech is from the consumers and how it is regulated. Even after the transitional period of disruption, it is unlikely that we will be left with a ‘one size fits all’ approach by all countries.
This research identifies three themes in Fintech: (a) Fintech utilising blockchain, Decentralised Finance, cryptocurrencies and NFTs, (b) Fintech utilising AI and the metaverse, and (c) Fintech management, consumer behaviour, regulation and cybersecurity.
Fintech, Finance, FinTech, FinTech Ecosystems, Cryptocurrency, Cryptoasset, Business model, AI, Artificial Intelligence, NFT, Blockchain
1-18
Zarifis, Alex
7622e840-ba78-4a4f-879b-6ba0f62363cc
Cheng, Xusen
f88a8aee-cd1d-46f7-8169-8448252003df
1 June 2025
Zarifis, Alex
7622e840-ba78-4a4f-879b-6ba0f62363cc
Cheng, Xusen
f88a8aee-cd1d-46f7-8169-8448252003df
Zarifis, Alex and Cheng, Xusen
(2025)
The new centralised and decentralised Fintech technologies, and business models, transforming finance.
In,
Zarifis, Alex and Cheng, Xusen
(eds.)
Fintech and the Emerging Ecosystems: Exploring Centralised and Decentralised Financial Technologies.
(Financial Innovation and Technology)
1 ed.
Springer Cham, .
(doi:10.1007/978-3-031-83402-8_1).
Record type:
Book Section
Abstract
Financial technologies, Fintech, not only offer new services, but reduce barriers to entry allowing for innovation. This digital transformation affects society in many ways, as financial services cut across many other services we use. There are some proven Fintech technologies, services and business models but there is still a-lot of uncertainty. There are alternative visions of finance’s future. Some change driven by Fintech can be achieved purely by competition, but wider change needs collaboration. This research extends an existing model and finds six Fintech business models that are optimised for AI and blockchain.
Trust remains a challenge for Fintech, particularly when generative AI is used. Trust must be built by leaders even if this means sacrificing some of generative AI’s capabilities.
The context of each country influences how much the pull for Fintech is from the consumers and how it is regulated. Even after the transitional period of disruption, it is unlikely that we will be left with a ‘one size fits all’ approach by all countries.
This research identifies three themes in Fintech: (a) Fintech utilising blockchain, Decentralised Finance, cryptocurrencies and NFTs, (b) Fintech utilising AI and the metaverse, and (c) Fintech management, consumer behaviour, regulation and cybersecurity.
Text
The New Centralised Alex Zarifis Xusen Cheng AC
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Published date: 1 June 2025
Keywords:
Fintech, Finance, FinTech, FinTech Ecosystems, Cryptocurrency, Cryptoasset, Business model, AI, Artificial Intelligence, NFT, Blockchain
Identifiers
Local EPrints ID: 503113
URI: http://eprints.soton.ac.uk/id/eprint/503113
ISSN: 2730-9681
PURE UUID: f5c6b864-ed80-4e6f-99a1-12ccfa06942e
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Date deposited: 22 Jul 2025 16:30
Last modified: 23 Jul 2025 02:17
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Author:
Alex Zarifis
Author:
Xusen Cheng
Editor:
Alex Zarifis
Editor:
Xusen Cheng
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