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The Money Hackers

How a Group of Misfits Took on Wall Street and Changed Finance Forever

ebook
0 of 1 copy available
Wait time: About 4 weeks
0 of 1 copy available
Wait time: About 4 weeks

Businesses, investors, and consumers are grappling with the seismic daily changes technology has brought to the banking and finance industry. The Money Hackers is the story of fintech's major players and explores how these disruptions are transforming even money itself.

Whether you've heard of fintech or not, it's already changing your life. Have you ever "Venmoed" someone? Do you think of investing in Bitcoin—even though you can't quite explain what it is? If you've deposited a check using your iPhone, that's fintech. If you've gone to a bank branch and found it's been closed for good, odds are that's because of fintech too.

This book focuses on some of fintech's most powerful disruptors—a ragtag collection of financial outsiders and savants—and uses their incredible stories to explain not just how the technology works, but how the Silicon Valley thinking behind the technology, ideas like friction, hedonic adaptation, democratization, and disintermediation, is having a drastic effect on the entire banking and finance industry.

Upon reading The Money Hackers, you will:

  • Feel empowered with the knowledge needed to spot the opportunities the next wave of fintech disruptions will bring.
  • Understand the critical pain points that fintech is resolving, through a profile of the major finsurgents behind the disruption. Topic areas include Friction (featuring founders of Venmo), Aggregate and Automate (featuring Adam Dell, founder of Open Table and brother of Michael Dell), and Rise of the Machines (featuring Jon Stein, founder of robo-advisor Betterment).
  • Learn about some of the larger-than-life characters behind the fintech movement.
  • The Money Hackers tells the fascinating story of fintech—how it began, and where it is likely taking us.

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      • Library Journal

        April 3, 2020

        This work from Simon (chairman, Museum of American Finance communications board; CEO, Vested) looks at the people who revolutionized the digital financial world and the struggles they endured. These people came up with simple yet effective ways to improve their daily lives, which in turn expanded outward into improving the way we do financial business; these innovations resulted in the evolution of fintechs, or financial technology companies. Banks in their brick-and-mortar form will become (or maybe have already become) obsolete without the integration of financial technology. Fintechs have emerged as more than a supporting role for banks, but instead as a partnership. Banks that recognize this take every opportunity to apply fintech innovations to give them the edge. Simon shows how this goal has been achieved by first looking at what impact existing business practices have had on our lives and by using this information to envision the future of fintechs in the banking environment. VERDICT Best suited for anyone in the banking, technology, and finance industry, this book provides excellent insight on how people came up with effective ideas to implement digital solutions that make our daily digital finance world more productive.--Adesh Rampat, Miami

        Copyright 2020 Library Journal, LLC Used with permission.

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    • Kindle Book
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    Languages

    • English

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