Data Science, Banking, and Fintech

The financial industry today is under siege, but not from economic pressures in Europe and China. Rather, this once-impenetrable fortress is currently riding a giant entrepreneurial wave of disruption, disintermediation, and digital innovation. Behind the siege is fintech, a spunky and growing group of financial technology companies. These venture-backed new arrivals are challenging the old champions in lending, payments, money transfer, trading, wealth management, and cryptocurrencies. In this O’Reilly report, author Cornelia Lévy-Bencheton examines the disruptive megatrends taking hold at every level and juncture of the financial ecosystem. You’ll find out how fintech is reshaping the financial industry, reimagining the ways consumers manage, save, and spend money through a data-driven culture of big data analytics, mobile payment services, and robo-advising. Can traditional financial institutions evolve in time to catch up…


Link to Full Article: Data Science, Banking, and Fintech