Fintech and the Remaking of Financial Institutions

John Hill is a consultant, investor, author, and educator who teaches economics and finance at the Dolan School of Business, Fairfield University. He earned his degrees from Cornell University and the University of Pennsylvania, where he pursued a PhD in econometrics under Nobel Laureate Lawrence Klein. John has authored notable books, including Environmental, Social, and Governance (ESG) Investing and Fintech and the Remaking of Financial Institutions, both published by Academic Press. His career spans senior executive roles at leading financial institutions such as Merrill Lynch, ABN AMRO, Intercontinental Exchange, and ICAP.

"John Hill sets out the landscape of the emerging world of disruptive financial services, drawing from recent examples to present a practical approach to learning about fintech in the first textbook on this topic. He connects a diverse set of topics in easy-to-digest chapters, setting these in the context of our existing financial ecology. The book is ideally suitable for advanced level undergraduate or masters students - for computer scientists in learning about financial services, and readers from economics and finance on how new computer platforms will transform their own industries." --Mark Perry, University of Michigan "Fintech and the Remaking of Financial Institutions is a quality piece of work full of important information for those of us who want to explore Fintech and its future. This is a must-read primer for anyone considering Fintech." --Donghee Shin, Chung-Ang University"There is no doubt that FinTech is one the key issues in the modern financial industry and FinTech and the Remaking of Financial Institutions by John Hill is an excellent book for anyone interested in the most recent technology developments in both banking sector and financial markets. This book covers not only the presentation of FinTech adoption in various types of financial services or institutions but also provides the analysis of its impact on the financial system and entire economy." --Adam Marszk, Politechnika Gdanska

• 1. Introduction2. Disruption and Disintermediation in Financial Services and Products: Why Now?3. Money: A Medium of Exchange, Unit of Account and Store of Wealth4. Financial Institutions5. Bubbles, Panics, Crashes, and Crises6. Bank Lending7. Time Value of Money: Interest, Bonds, Money Market Funds8. Equities, Efficient Markets, Exchanges9. Foreign Exchange10. Forwards, Futures, and Swaps11. Commodities12. Options13. Startup Financing14. Fintech in a Global Setting15. Fintech and Government Regulation16. Social issues: Income Distribution, Diversity, and Inclusiveness17. The Future Millennial Bank—Your Parents’ Bank Integrates With the Disrupters