TY - CHAP

T1 - Charting the Emerging Business Ecosystem of Fintechs and Banks

T2 - European Conference of Information Systems - ECIS 2018

AU - Schmidt, Julian

AU - Drews, Paul

AU - Schirmer, Ingrid

PY - 2018

Y1 - 2018

N2 - The competition and the collaboration of established banks and challenging fintechs are expected to dramatically change the future financial services business ecosystem. An ecosystem’s ability to attract new firms and to continuously evolve is of strategic importance for incumbent companies as well as for those who decide to join the ecosystem. In our study, we analyzed the business models of 286 in-ternational fintechs and banks. Based on this analysis, we present seven types of business models in which fintechs and banks collaborate. With these types, we contribute to research on fintechs by providing novel insights on how the ecosystem moves from competition among banks towards coopetition between banks and fintechs.

AB - The competition and the collaboration of established banks and challenging fintechs are expected to dramatically change the future financial services business ecosystem. An ecosystem’s ability to attract new firms and to continuously evolve is of strategic importance for incumbent companies as well as for those who decide to join the ecosystem. In our study, we analyzed the business models of 286 in-ternational fintechs and banks. Based on this analysis, we present seven types of business models in which fintechs and banks collaborate. With these types, we contribute to research on fintechs by providing novel insights on how the ecosystem moves from competition among banks towards coopetition between banks and fintechs.

KW - Business informatics

UR - http://ecis2018.eu/published-ecis-2018-papers/

M3 - Article in conference proceedings

T3 - Research Papers

BT - Twenty-Sixth European Conference on Information Systems (ECIS2018), Portsmouth,UK, 2018

PB - University of Portsmouth

CY - Portsmouth

Y2 - 23 June 2018 through 28 June 2018

ER -