000 04181nam a22001817a 4500
020 _a9789655180077
041 _aENG
082 _a330.973
_bRIG
100 _aRigden, Brad.
245 _aBad money:
_bfintech as an instrument in the battle for global dominance/
_cBrad Rigden.
260 _aLeeds:
_bWoodbridge Publishers,
_c2022.
300 _axiii, 699 pages:
_billu;
_c28 cm.
504 _aInclude Bibliography references.
505 _aIntro Disclaimer Dedication Introduction Prologue 1 FINTECH Electronic Money Banks Global Financial Crisis Disruption & Proliferation Perfect Storm 2 CAPITAL EVOLUTION Competition Strategy Creative Destruction Innovation Paradox Inertia Elementary Decomposition Value Value Proposition Value Chains Vertical-Integration Commoditisation Evolution of Computing Communication Technology Peace, War & Wonder Ubiquity vs. Certainty Standardisation Componentisation Co-evolution Abstraction Higher-order Systems Commodification 3 ECOSYSTEMS Genesis of an Ecosystem Technology Ecosystems API Economy Microservices Elastic Cloud Computing Co-evolution of Practice Commercial Co-evolution Smart Device Apps Vertical to Horizontal Innovate, Leverage & Commoditise 4 SURFACING UTILITY Business Model Evolution Accessing Credit Evolutionary Flow Apex Predator Hypothesis First Principles Straight-Through Processing Know Your Customer Customer Acquisition Identity Brokers Know Your Data Data Privacy Big Data Artificial Intelligence Robo-Advisors Algorithmic Trading Open Banking Harvesting Data Runaway Leadership 5 PAYMENTS Anatomy of Payment Transactions Interbank Payment Systems Banking Business Model Cross-Border Payments Balance of Payments Swap Lines Card Payments Alternative Payment Methods Electronic Money Institutions Digital Wallets Disbursement Hubs Mobile Payments Push vs. Pull Payments Payment Convergence & Dominance 6 MONEY Confidence Functions of Money Characteristics of Money Types of Money Formats of Money War on Cash 7 CENTRAL BANKS Central Banking The Bank of England The Fed The European Central Bank Forward Guidance 8 ECONOMIC CYCLES Monetary Policy Fiscal Policy Inflation Deflation Gross Domestic Product Recession Depression Velocity Credit & Debt Deleveraging The Middle Class Populism Unconventional Methods Deficit Spending Modern Monetary Theory Quantitative Destruction 9 GOLD What is Gold? Why Gold? Properties Measurement Assurance Refinement Gold Producers Gold Reserves Gold Specie Store of Value Gold Standard Depositories Exter's Pyramid 10 FINANCIALISATION Functions of Finance The Roaring Twenties The Wall Street Crash of 1929 Glass-Steagall Bretton Woods Guns & Butter Dollar Confidence Crisis King Dollar Financial Innovation Dot Com Securities Maturity Transformation Derivatives Shadow Banking Securitisation Chain Moral Hazard Information Asymmetry Adverse Selection Coup de Grâce Dodd-Frank Deregulation Arsonists & Firefighters 11 HEGEMONIC DOMINANCE Pre-Hegemony Hegemonic War Hegemony
520 _aVeteran FinTech specialist and technology executive, Brad Rigden, takes us on an illuminating journey of how technology and innovation have disrupted not only money and our economy, but our societal fabric on a global scale. This evolution is brought into context amidst the backdrop of cyclic patterns, historical events and behavioural forces, leading us to the precipice of financial entropy. Rigden lifts the veil above the influence and changes that technology is anticipated to bring as the digital century unfolds. This illustrates how technological advancements are being co-opted to serve rogue agendas, thereby surfacing the business strategies and simmering geopolitical forces at play. Whether your interests pique in FinTech, blockchain and crypto-currencies, artificial intelligence, economics, money or geopolitics, this book will arm you with an enduring and entirely new perspective with which to understand the world around us, and navigate where we go from here.
650 _aEconomic policy
942 _2ddc
_cBK
999 _c23160
_d23160