Financial technology, also called FinTech, is growing very quickly all over the world. The financial system is changing fast because technology keeps getting better and better. Because of this, people need to keep up with new things in fintech.
If you want to begin learning about FinTech, starting with the basics is a good idea.
“Fintech is not a threat to traditional banking; it’s an opportunity to reinvent it.”
Chris Skinner
Reading books can be the best way to understand more about this topic.
This article will look at the top 13 books on FinTech that you must read if you are a beginner.
Top 13 FinTech for Beginners
Here are the top 13 FinTech books for beginners. Take a look:
1. FinTech For Dummies
Author(s): Steven O’Hanlon, Susanne Chishti, Brendan Bradley, and Dawn Patrick
FinTech for Dummies is authored by several industry experts. This book will help you understand and navigate the rapidly evolving field of financial technology. It is your go-to source for everything you need to know. Additionally, it gives an explanation of the many uses of FinTech, including blockchain technology, online investment, and blockchain technology.
2. FinTech: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries
Author(s): Susanne Chishti and Janos Barberis
This guidebook navigates the financial technology revolution, shedding light on its changes, innovative concepts, and profitable openings. Primarily designed for businessmen, bankers, and investors, it informs you of strategies to leverage profitability in this ever-evolving market.
3. The Future of Finance: The Impact of FinTech, AI, and Crypto on Financial Services
Author(s): Henri Arslanian and Fabrice Fischer
The Future of Finance gives much to think about, looking at how new technologies like fintech, artificial intelligence, and cryptocurrency change the finance service business. It talks about how these can make getting financial services easier, faster, and more open for everyone.
4. Fintech Business Models: Applied Canvas Method and Analysis of Venture Capital Rounds
Author(s): Fischer and Matthias
Authored by Fischer and Matthias, the book gives useful information for knowing and making fintech business models. It also gives a deep insight into venture capital rounds in the fintech field.
5. The Ascent of Money
Author(s): Niall Ferguson
Niall Ferguson, a former Harvard professor, published The Ascent of Money at the peak of the financial crisis. The book tackles a critical view of how modern history was shaped by significant financial events. It traces not only the development of money and credit but also identifies significant occurrences that continue to repeat within today’s banking system.
6. Bank 4.0: Banking Everywhere, Never at a Bank
Author(s): Brett King
Brett King ventures into the exploration of the future in banking. The book explains how fintech, a blend between finance and technology, is not only reshaping the industry but also beginning it in a new era. It also discusses key aspects such as digital payments, which are revolutionizing transactions, and blockchain technology.
7. The Field Guide to Global Payments
Author(s): Sophia Goldberg
Sophia Goldberg offers an in-depth exploration of the worldwide payment panorama in this book. It delves into various payment categories, scrutinizes key participants, and examines the regulatory environment in detail.
8. Fintech in a Flash: Financial Technology Made Easy, Third Edition
Author(s): Agustin Rubini
This book is an easy read and provides a quick and concise overview of fintech. It delves into the industry’s fundamentals; at the same time, it explores pivotal trends and technologies, providing a thorough understanding of this lucrative industry.
9. DeFi and the Future of Finance
Author(s): Campbell R. Harvey
Exploring the world of decentralized finance (DeFi), CR Harvey explores a new and rapidly growing sector within fintech. It highlights the potential revolution that DeFi offers in financial services and addresses its significant challenges.
10. FinTech for Finance Professionals (Global Fintech Institute, World Scientific Series On Fintech)
Author(s): Joseph Lim and David Kuo Chuen Lee
This book series by experts Joseph Lim and David Kuo Chuen Lee is specifically tailored for finance professionals interested in fintech. This book touches on a broad range of topics, like regulatory compliance, risk management, and innovation.
11. The Financial Diaries
Author(s): Jonathan Morduch and Rachel Schneider
Jonathan Morduch and Rachel Schneider, in their work The Financial Diaries, provide detailed records to track the annual experiences of 235 low- and middle-income families. Using the data, the book challenges assumptions about earning-spending patterns, lending practices, and saving behaviour.
12. The PayTech Book
Author(s): Susanne Chishti (Editor), Tony Craddock (Editor), Robert Courtneidge (Editor), Markos Zachariadis (Editor)
The PayTech Book is a comprehensive guide created through global crowdsourcing to explore the rapidly changing payments industry. Shifting consumer behavior, new regulations, and technologies have revolutionized the sector’s tools and products.
FinTechs, banks, and startups are leveraging PayTech innovations to enhance customer experience, boost revenues, and manage risks. This book gathers insights and ideas from top leaders in the global FinTech and payment sectors.
13. Advances in Financial Machine Learning
Author(s): Marcos Lopez de Prado
Advances in Financial Machine Learning delves into the technical aspects of Machine Learning and its transformative effect on the global financial industry. The book provides practical solutions using math and code to tackle real-life ML challenges, helping readers succeed in today’s financial landscape.
The Bottom Line
FinTech has revolutionized the way we manage our money, from mobile banking apps to online payment platforms.
In this continuously changing financial landscape, it is important to have at least a basic understanding of the concept.
Whether it’s investing in digital currencies or using robo-advisors for financial planning, staying informed about FinTech is crucial for navigating the modern financial world.
Each book mentioned in the list above offers unique value; therefore, choose the one that aligns best with your educational journey in FinTech.
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Note: Tech Chilli researches products to bring you our best recommendations. When you buy through our links, we may earn a commission.
Frequently Asked Questions (FAQs)
Answer: To get into fintech, you need to learn at least the basics of how financial markets run. The above-mentioned books are good for expanding your knowledge of the industry. You can also enrol yourself in a FinTech course for beginners.
Answer: There are several books available on FinTech. You can choose the one that suits your learning needs, diction, and reading preferences.
Answer: Here are some of the most popular books on FinTech for beginners: FinTech For Dummies by Steven O’Hanlon, Susanne Chishti, and others; The Future of Finance by Henri Arslanian and Fabrice Fischer; and Banking 4.0. by Brett King.
