Description: China's Fintech ExplosionDisruption, Innovation, and Survival Author(s): Sara Hsu, Jianjun Li Format: Hardback Publisher: Columbia University Press, United States Imprint: Columbia University Press ISBN-13: 9780231196567, 978-0231196567 Synopsis Financial technology-or fintech-is gaining in popularity globally as a way of making financial services more efficient and accessible. In rapidly developing China, fintech is taking off, catering to markets that state-owned banks and an undersized financial sector do not serve amid a backdrop of growing consumption and a large, tech-savvy millennial generation. It is becoming increasingly likely that some of China's fintech firms will change the way the world does business. In China's Fintech Explosion, Sara Hsu and Jianjun Li explore the transformative potential of China's financial-technology industry, describing the risks and rewards for participants as well as the impact on consumers. They cover fintech's many subsectors, such as digital payment systems, peer-to-peer lending and crowdfunding, credit card issuance, internet banks, blockchain finance and virtual currencies, and online insurance. The book highlights the disruption of traditional banking as well as the risks of fintech and regulatory technology. Hsu and Li describe major companies including Alipay and Tencent, developer of WeChat Pay and a wealth-management business, and other leading fintech firms such as Creditease, Zhong An Insurance, and JD Finance. Offering expert analysis of market potential, risks, and competition, as well as case studies of firms and consumer behavior, China's Fintech Explosion is a must-read for anyone interested in one of the world's breakout sectors.
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Book Title: China's Fintech Explosion
Item Height: 229 mm
Item Width: 152 mm
Author: Sara Hsu, Jianjun Li
Publication Name: China's Fintech Explosion: Disruption, Innovation, and Survival
Format: Hardcover
Language: English
Publisher: Columbia University Press
Subject: Economics, Finance, Business
Publication Year: 2020
Type: Textbook
Number of Pages: 320 Pages