An Analysis of the Impact of Financial Technologies on the Banking Sector: Evidence from the UK and Turkey

Belli, Melike (2014) An Analysis of the Impact of Financial Technologies on the Banking Sector: Evidence from the UK and Turkey. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

Abstract

This paper provides an analysis of the impact of financial technologies (FinTech) on the banking sectors in the UK and Turkey. It attempts to understand how financial technologies disrupt and improve the banking sectors by making it more sustainable and efficient from the viewpoint of a total of 17 Financial Services organisations in the UK and Turkey. This study believes that as London has successfully embraced and developed a FinTech ecosystem; other financial cities around the world, like İstanbul in Turkey, should learn from London and take it as a model to be replicated for fostering their own FinTech ecosystems which will significantly contribute to the development of their banking sectors. Findings from the semi-structured interviews with a total of 17 financial organisations in the UK and Turkey have significantly contributed to the creation of a development model for the FinTech sector and provided valuable insights on how to accelerate the FinTech sector in London and how to develop the FinTech sector in İstanbul.



Key words: Financial Technology • FinTech • United Kingdom • Turkey • Banking • Innovation • Ecosystem • Banking Technologies • London • İstanbul

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 04 Apr 2022 14:15
Last Modified: 05 Apr 2022 04:30
URI: http://eprints.nottingham.ac.uk/id/eprint/27541

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