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Use Cases in Fintech

  • University of Illinois at Urbana-Champaign

Research output: Chapter in Book or Report/Conference proceedingChapter

6 Citations (Scopus)

Abstract

This chapter examines three common fintech use cases transforming the financial industry. First, the chapter introduces fintech’s role in enhancing financial services and promoting financial inclusion, especially through digital platforms. Second, it investigates various fintech applications that support financial institution management by harnessing the power of artificial intelligence (AI) and machine learning (ML). Finally, the chapter explores fintech use cases related to the regulatory environment, including regulatory technology (regtech), blockchain technology, and cryptocurrencies. The insights presented in this chapter cater to researchers and practitioners keen on better understanding fintech’s diverse applications in the ever-evolving financial industry landscape.

Original languageEnglish
Title of host publicationThe Emerald Handbook of Fintech
Subtitle of host publicationReshaping Finance
EditorsK. Baker, G. Filbeck, K. Black
PublisherEmerald Publishing
Pages43-64
Number of pages22
ISBN (Electronic)9781837536085
ISBN (Print)9781837536092
DOIs
Publication statusPublished - 1 Jan 2024

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 1 - No Poverty
    SDG 1 No Poverty
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure
  4. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production

Keywords

  • Fintech
  • financial inclusion
  • financial institution
  • financial services
  • management
  • regtech

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