Susanne Chishti and Janos Barberis

Published by
ISBN 978-1119218876
RRP £23.99
Reviewed by George Williams MBCS CITP
Score 10 out of 10

Conceptually this is an absolutely amazing book, in which the authors make us aware that this is the first “globally crowdsourced” editorial-style treatment of the Financial Technology (FinTech) service industry. For the uninitiated, the book’s sub-title provides a better explanation, as it’s a Financial Technology Handbook for Investors, Entrepreneurs and Visionaries.

It’s simply impossible to adequately reprise the content, given the exceptionally wide variety of specialist contributions; more especially when you consider that more than 160 authors from 27 countries were invited to participate, and together submitted 189 abstracts to be part of the book. Do you get the picture? In the final analysis 86 authors were selected to write full chapters.

Essentially it’s a compilation covering FinTech themes, where the authors explain the drivers and implications across a wide spectrum of FinTech matters, and readers will gain an exceptionally valuable insight into the workings of the financial technology industry and key future trends.

For the newbie to FinTech, I would advise reading the introduction, which in itself, has three sub-topics and four authors, which will whet your appetite for what comes next, and then take a more in-depth look at the specific topics of personal interest.

The experienced finance practitioner will not be able to put this book down, but will need to set aside a substantial chunk of time to get through the 300 pages.

Content specifically, the international global emerging Hubs are well researched, with some surprising reveals, followed by a treatise on the emerging markets as perceived by the authors together with their thought-provoking views on the social impact on the people living in those international regions.

From the operational perspective, “real-world” practical implementable solutions are given extensive coverage whilst, from a strategic financial and investing perspective, there is a wealth of ideas, and fresh innovative thinking, to engage the mind and help broaden your personal FinTech perspective.

You will be able to appreciate the effort that has been consumed to bring successful innovation to market and, looking further into the future, the authors have assembled and provided an amazing “crystal ball” for us to look into, of how our future FinTech services could be provided.

I am pleased to see that each of the contributors have been formally recognised with their own section at the end of the book, where you can connect with both their LinkedIn and Twitter accounts, in addition to a pointer back to their contributions in the book.

So, in summary, we have a handbook with an amazingly wide number of contributors, covering an extensive range of financial technology subjects, in the most absorbing and thought provoking way. It is amazing that this book has come to market at all, and our understanding of the future of our world is well served for the fact that it has done so.

Further information: Wiley

July 2016