Fintech

Digitization has a strong impact on the financial services industry. One major reason is that financial products are almost exclusively based on information. Examples are payment transactions or credit contracts which, in contrast to purchasing a car, do in most cases not include any physical components. The described developments enabled through fintech have already had a strong impact and will in the future have an even stronger one on the financial services industry, leading to a fundamental reorganization of the whole industry. Although many examples of this evolution can already be observed, many more of them are likely to appear in the future. The information systems domain may contribute with its strong interdisciplinary approach by providing research from various perspectives and by linking engineering, computer science, business, marketing, and other disciplines.