PalgraveStudiesinFinancialServicesTechnologyIntegratingFinanceandTechnologyinFinancialServicesBernardoNicolettiTheFutureofFinTechPalgraveStudiesinFinancialServicesTechnologySeriesEditorBernardoNicolettiRome,ItalyThePalgraveStudiesinFinancialServicesTechnologyseriesfeaturesorig-inalresearchfromleadingandemergingscholarsoncontemporaryissuesanddevelopmentsinfinancialservicestechnology.Fallinginto4broadcategories:channels,payments,credit,andgovernance;topicscoveredincludepayments,mobilepayments,tradingandforeigntransactions,bigdata,risk,compliance,andbusinessintelligencetosupportcon-sumerandcommercialfinancialservices.Coveringalltopicswithinthelifecycleoffinancialservices,fromchannelstoriskmanagement,fromsecuritytoadvancedapplications,frominformationsystemstoautoma-tion,theseriesalsocoversthefullrangeofsectors:retailbanking,privatebanking,corporatebanking,custodyandbrokerage,wholesalebanking,andinsurancecompanies.Titleswithintheserieswillbeofvaluetobothacademicsandthoseworkinginthemanagementoffinancialservices.Moreinformationaboutthisseriesathttp://www.springer.com/series/14627BernardoNicolettiTheFutureofFinTechIntegratingFinanceandTechnologyinFinancialServicesPalgraveStudiesinFinancialServicesTechnologyISBN978-3-319-51414-7ISBN978-3-319-51415-4(eBook)DOI10.1007/978-3-319-51415-4LibraryofCongressControlNumber:2017932557©TheEditor(s)(ifapplicable)andTheAuthor(s)2017Thisworkissubjecttocopyright.AllrightsaresolelyandexclusivelylicensedbythePublisher,whetherthewholeorpartofthematerialisconcerned,specificallytherightsoftranslation,reprinting,reuseofillustrations,recitation,broadcasting,reproductiononmicrofilmsorinanyotherphysicalway,andtrans-missionorinformationstorageandretrieval,electronicadaptation,computersoftware,orbysimilarordissimilarmethodologynowknownorhereafterdeveloped.Theuseofgeneraldescriptivenames,registerednames,trademarks,servicemarks,etc.inthispublicationdoesnotimply,evenintheabsenceofaspecificstatement,thatsuchnamesareexemptfromtherelevantprotectivelaws...