Handbook of Blockchain, Digital Finance, and Inclusion: Cryptocurrency, FinTech, InsurTech, and Regulation
Handbook of Blockchain, Digital Finance, and Inclusion: Cryptocurrency, FinTech, InsurTech, and Regulation
Editor/Author
LEE Kuo Chuen, David and Deng, Robert H.
Publication Year: 2017
Publisher: Elsevier Science & Technology
Single-User Purchase Price:
$180.00

Unlimited-User Purchase Price:
$270.00
ISBN: 978-0-12-810442-2
Category: Business, Finance & Economics - Business
Image Count:
268
Book Status: Available
Table of Contents
Handbook of Blockchain, Digital Finance, and Inclusion: Cryptocurrency, FinTech, InsurTech, and Regulation explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets.
Table of Contents
- List of Contributors
- Preface
- Reshaping the Financial Order
- 1.1 Megatrends and New Alternatives
- 1.2 Digital Implications
- 1.3 Historical Context
- 1.4 E-commerce and P2P
- 1.5 The Rise of M-commerce
- 1.6 Weapons of Mass Consumption
- 1.7 Banking 2.0
- 1.8 Understanding the Model
- 1.9 The Democratization of Banking and Finance
- 1.10 The Incumbents
- 1.11 Cryptocurrencies and Blockchain
- 1.12 The FinTech Promise
- References
- From Ant Financial to Alibaba's Rural Taobao Strategy – How Fintech Is Transforming Social Inclusion
- 2.1 Introduction
- 2.2 Issues in Rural China
- 2.3 Alibaba's Rural Taobao Strategy
- 2.4 Digital Financial Services and Fintech Platforms
- 2.5 Conclusion
- References
- The M-Pesa Technological Revolution for Financial Services in Kenya: A Platform for Financial Inclusion
- 3.1 Introduction
- 3.2 Background
- 3.3 M-Pesa as a Platform for Financial Inclusion
- 3.4 Impact of M-Pesa Revolution on Financial Inclusion
- 3.5 Conclusion
- References
- Financial Inclusion in the Digital Age
- 4.1 Financial Inclusion
- 4.2 The Financially Underserved Consumer
- 4.3 Consequences of Being Financially Underserved
- 4.4 Financial Exclusion Affects the Middle Class Too, not Just the Poor
- 4.5 Financially Underserved in Developed Countries
- 4.6 Financial Health and Financial Security
- 4.7 Financial Inclusion and Financial Literacy
- 4.8 Financial Inclusion for Micro, Small and Medium Enterprises (SMEs)
- 4.9 Financial Inclusion Matters and Can Be Profitable
- 4.10 Fintech Revolution Enabled by Smartphones
- 4.11 Financial Inclusion in China – World's Largest Fintech Market
- 4.12 Financial Inclusion in India – A Success Story
- 4.13 Fintech Revolution Examples From Other Countries
- 4.14 Potential Risks With the New Business Models
- 4.15 The Path Ahead: Creative Collaboration Between Policymakers, Banks, Telcos and Technology Firms
- References
- Using Broadband to Enhance Financial Inclusion
- 5.1 Introduction: The Potential of Broadband Solutions to Enhance Financial Inclusion
- 5.2 Deepening Customer Engagement Based on Mass Customization
- 5.3 Digital Marketplaces Supporting New (Dis-)Intermediation Models
- 5.4 Specialized Online Service Delivery Models
- 5.5 Delivery of Financial Information and Education
- 5.6 Prospects: Globally and in Latin America
- Mobile Technology and Financial Inclusion
- 6.1 Introduction
- 6.2 The Current Landscape
- 6.3 Mobile Inclusion Leads to Financial Inclusion
- 6.4 Conclusion
- References
- The Cross-Section of Crypto-Currencies as Financial Assets
- 7.1 Introduction
- 7.2 The Dynamic Environment of a Multiplicity of Crypto-Currencies
- 7.3 Properties of Crypto-Currency Dynamics
- 7.4 Conclusion
- Appendix A Technical Appendix
- References
- Econometric Analysis of a Cryptocurrency Index for Portfolio Investment
- 8.1 Econometric Review of CRIX
- 8.2 ARIMA Models
- 8.3 Model with Stochastic Volatility
- 8.4 Multivariate GARCH Model
- 8.5 Nutshell and Outlook
- References
- Financial Intermediation in Cryptocurrency Markets – Regulation, Gaps and Bridges
- Abbreviations
- 9.1 Introduction
- 9.2 Financial Intermediation in Cryptocurrency Markets
- 9.3 Exchanges
- 9.4 Electronic Wallet Providers
- 9.5 Other Intermediaries
- 9.6 Future Directions – Filling Gaps and Building Bridges
- 9.7 Conclusion
- References
- Legal Risks of Owning Cryptocurrencies
- 10.1 Introduction
- 10.2 Money Before Bitcoins
- 10.3 ‘Digital Money’ Before Bitcoins
- 10.4 Bitcoins: A Primer
- 10.5 Cryptocurrency Risks
- 10.6 Conclusion
- References
- InsurTech and FinTech: Banking and Insurance Enablement
- Acknowledgments
- 11.1 Introduction
- 11.2 InsurTech Activities
- 11.3 The 4 Most Disruptive Technology
- 11.4 The 3 Fundamental Trends
- 11.5 Benefits of InsurTech
- 11.6 InsurTech Deal Activities
- 11.7 From FinTech to InsurTech: Mobile Revolution
- 11.8 Mobile First
- 11.9 Cross-Sell and Up-Sell
- 11.10 Virtual Financial Advisor
- 11.11 Data Driven
- 11.12 Earned Premiums
- 11.13 Investment Income
- 11.14 Underwriting Cost
- 11.15 Claims Expenses
- 11.16 Mutual Aid Industry in China
- 11.17 Zhongtuobang and Shuidihuzhu
- 11.18 Blockchain Use Cases
- 11.19 Are Mutual Aid LASIC?
- 11.20 Conclusion
- 11.21 Technology Disruptions
- 11.22 InsurTech Ecosystem
- References
- Understanding Interbank Real-Time Retail Payment Systems
- 12.1 Introduction
- 12.2 The Overview of Interbank Payment Landscape
- 12.3 The Case for Real-Time Retail Payment Systems
- 12.4 The Characteristics of Real-Time Retail Payment Systems
- 12.5 Architecture and Design of Real-Time Retail Payment Systems
- 12.6 Conclusion
- References
- Real-Time Inbound Marketing: A Use Case for Digital Banking
- 13.1 Introduction
- 13.2 Evolution of IT Systems and Marketing Methods in Retail Banking
- 13.3 Marketing Strategies in Today's Digital Banking Era
- 13.4 Technology Enablers for Real-Time Inbound Marketing NBO
- 13.5 Summary
- Appendix – CEP Patterns and Use Cases for Real-Time Inbound Marketing
- References
- Regulation and Supervision in a Digital and Inclusive World
- 14.1 Fintech Meets Financial Inclusion
- 14.2 Policy Is Struggling to Keep up With the Market
- 14.3 A New World for Policymakers, Regulators and Supervisors
- 14.4 A Risk-Based Approach to Know-Your-Customer
- 14.5 Emerging Responses to Supervising Digital and Inclusive Markets
- Singapore Approach to Develop and Regulate FinTech
- 15.1 MAS Organizational Support for FinTech
- 15.2 MAS Existing Regulatory Regime
- 15.3 Shaping Regulatory Approach for Fintech
- 15.4 “Regulatory Sandbox”
- 15.5 Closing
- RegTech: Building a Better Financial System
- 16.1 Introduction
- 16.2 RegTech: A Framework of Analysis
- 16.3 RegTech in the Financial Services Industry
- 16.4 Data Driven Regulation
- 16.5 Looking Forward
- Ambient Accountability: Shared Ledger Technology and Radical Transparency for Next Generation Digital Financial Services
- 17.1 Introduction
- 17.2 Why Now?
- 17.3 Shared Ledger Building Blocks
- 17.4 Shared Ledger as Infrastructure: Bank of England Example
- 17.5 Types of Shared Ledgers
- 17.6 Shared Ledger Governance
- 17.7 The New Infrastructure
- Authors
- References
- Peer-To-Peer Lending
- 18.1 Banking in the Digital Age
- 18.2 Peer-to-Peer (P2P) Lending: Democratization of Finance
- 18.3 Rapid Growth After the Global Financial Crisis
- 18.4 Supporting Financial Inclusion and Economic Growth
- 18.5 Peer-to-Peer Lending Business Models
- 18.6 Credit Risk Assessment and Credit Defaults
- 18.7 Divergence in Business Models Across Countries
- 18.8 Arrival of Institutional Investors and Securitization
- 18.9 Credit Bureaus and Credit Scoring
- 18.10 Incumbents and Challengers
- 18.11 Evolving Regulatory Landscape
- 18.12 Growing Pains – The Shakedown in May 2016
- 18.13 The Future of Peer-to-Peer Lending
- References
- EU VAT Implications of Crowdfunding
- 19.1 Introduction
- 19.2 The Concept of Crowdfunding
- 19.3 Crowdfunding in the European Union
- 19.4 EU VAT System
- 19.5 VAT Treatment of Crowdfunding Transactions
- 19.6 Summary
- References
- Automated, Decentralized Trust: A Path to Financial Inclusion
- 20.1 Setting the Stage
- 20.2 Spiral Dynamics & Human Social Development
- 20.3 Automated, Decentralized Trust Through Blockchain
- 20.4 Financial Inclusion Through Decentralized, Automated Trust on Blockchains
- 20.5 Summary
- References