David L. Shrier is a Professor of Practice (AI and Innovation) with Imperial College Business School. He is coeditor of New Solutions for Cybersecurity (MIT Press). Alex "Sandy" Pentland directs the MIT-wide initiative MIT Connection Science. Called one of the "seven most powerful data scientists in the world" by Forbes, he has cofounded more than a dozen companies and is the author of Social Physics and coauthor of Building the New Economy (MIT Press).

Introduction 1
I Foundations
1 Fintech Foundations: Convergence, Blockchain, Big Data and AI 7
David L. Shrier and Alex Pentland
II Transitioning to the Digital Era
2 Edge Effects: Bridging from Old to New 35
Boris Khentov
3 Open Banking: How Platforms and the API Economy Change Competition in Financial Services 57
Markos Zachariadis and Pinar Ozcan
4 Digital Financial Services 73
David L. Shrier
5 Policy and Fintech, Part I: Frameworks 91
Oliver R. Goodenough, Mark Flood, Matthew Reed, David L. Shrier, Thomas Hardjono, and Alex Pentland
6 Policy and Fintech, Part II: Use Cases 137
Oliver R. Goodenough, Mark Flood, Matthew Reed, David L. Shrier, Thomas Hardjono, and Alex Pentland
7 Digital Banking Manifesto 2.0 173
Alex Lipton, David L. Shrier, and Alex Pentland
III Fintech Possibilities
8 Regulatory Sandboxes 203
9 Leapfrogging with Nextgen Fintechs and Emerging Tech for the Growth of Africa 219
Michelle Chivunga
10 The Rise of Regtech and the Divergence of Compliance and Risk 251
Amias Moore Gerety and Lev Menand
11 On Governance and (Technical) Complexity 267
John D'Agostino (with contributions from Sharmila Kassam)
12 Responsible Technology: Advancing Trust and Securing the Ecosystem 283
Ajay Bhalla
Conclusion 293
Contributors 295
Index 299