IDEAS home Printed from https://ideas.repec.org/p/osf/osfxxx/n7vqg.html
   My bibliography  Save this paper

Fintech And Industrial Revolution 4.0, The Impact On The Financial World

Author

Listed:
  • Hoang, Ha

Abstract

Industrial Revolution 4.0 is taking place strongly and has gained a lot of special attention from the public recently. For the financial world, this revolution has given birth to Fintech – a generation of start-up companies with advanced technology based on the Internet. Most Fintech companies start out with payment services, but in many other areas of the financial world, by their own strategies, Fintech is competing directly or indirectly with segments that are the monopoly of traditional financial services such as capital mobilization, lending, asset management, etc. The results show that Fintech has had a tremendous impact on the financial world and traditional financial institutions. However, the challenges and risks of this start-up generation should not be taken seriously and neglected their positive impacts such as promoting innovation, increasing competition, better serving customers. We also believe that Fintech will be a promising land for startups in Vietnam. As many studies in the world have shown, the government need to observe closely, but should not lay down rules too soon or too closely because it can extinguish a field that has many advantages for Vietnam in the 4.0 revolution. This is also an important citation for further research in this field in Vietnam.

Suggested Citation

  • Hoang, Ha, 2020. "Fintech And Industrial Revolution 4.0, The Impact On The Financial World," OSF Preprints n7vqg, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:n7vqg
    DOI: 10.31219/osf.io/n7vqg
    as

    Download full text from publisher

    File URL: https://osf.io/download/5f89485637b6bb01f8306d91/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/n7vqg?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lars Hornuf, 2016. "The Emergence of the Global Fintech Market: Economic and Technological Determinants," IAAEU Discussion Papers 201606, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    2. Christian Haddad & Lars Hornuf, 2016. "The Emergence of the Global Fintech Market: Economic and Technological Determinants," CESifo Working Paper Series 6131, CESifo.
    3. Christian Haddad & Lars Hornuf, 2016. "The Emergence of the Global Fintech Market: Economic and Technological Determinants," Research Papers in Economics 2016-10, University of Trier, Department of Economics.
    4. Lars Hornuf, 2016. "The Emergence of the Global Fintech Market: Economic and Technological Determinants," IAAEG Discussion Papers until 2011 201606, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thomas Puschmann & Christian Hugo Hoffmann & Valentyn Khmarskyi, 2020. "How Green FinTech Can Alleviate the Impact of Climate Change—The Case of Switzerland," Sustainability, MDPI, vol. 12(24), pages 1-30, December.
    2. Chalmers, Dominic & Matthews, Russell & Hyslop, Amy, 2021. "Blockchain as an external enabler of new venture ideas: Digital entrepreneurs and the disintermediation of the global music industry," Journal of Business Research, Elsevier, vol. 125(C), pages 577-591.
    3. Thomas Puschmann, 2017. "Fintech," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 59(1), pages 69-76, February.
    4. Anil Savio Kavuri & Alistair Milne, 2019. "FinTech and the future of financial services: What are the research gaps?," CAMA Working Papers 2019-18, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    5. Md. Morshadul Hasan & Lu Yajuan & Appel Mahmud, 2020. "Regional Development of China’s Inclusive Finance Through Financial Technology," SAGE Open, , vol. 10(1), pages 21582440199, February.
    6. Cécile Fonrouge & Daniela Bolzani, 2019. "Motivations and barriers to crowdlending as a tool for diasporic entrepreneurial finance," Post-Print halshs-02077559, HAL.
    7. Florian Röder & Andreas Walter, 2019. "What Drives Investment Flows Into Social Trading Portfolios?," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 42(2), pages 383-411, July.
    8. Daniela DAMIAN, 2018. "Freelancing, the solution of employees in the context of the technological revolution," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 276-280.
    9. Caroline Stern & Mikko Makinen & Zongxin Qian, 2017. "FinTechs in China – with a special focus on peer to peer lending," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing Limited, vol. 10(3), pages 215-228, October.
    10. Bömer, Max & Maxin, Hannes, 2018. "Why Fintechs Cooperate with Banks - Evidence from Germany," Hannover Economic Papers (HEP) dp-637, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    11. Florian Hett & Markus Kroell & Mario Mechtel, 2019. "The Structure and Behavioral Effects of Revealed Social Identity Preferences," IAAEU Discussion Papers 201903, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    12. Anita Mirchandani & Namrata Gupta & Esinath Ndiweni, 2020. "Understanding the Fintech Wave: A Search for a Theoretical Explanation," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 331-343.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:osfxxx:n7vqg. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://osf.io/preprints/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.