Kicking Off the Crowd-Sourcing Process With The PAYTECH Book

FINTECH Circle kick-starts the crowd-sourcing process for global co-authors to develop The PAYTECH Book, the forth of a bestselling series of FinTech books with chapters written by experts from leading fintech/paytech companies.

This includes everyone from startups, to unicorns, financial services, and payment professionals, and investors across the world. Everybody has a chance to contribute to The PAYTECH Book which will be published by WILEY.

The rapidly changing Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term ecosystem is influencing the way billions of people deal with money across the world, and The PAYTECH Book is looking to find a diverse range of experts who can bring together a comprehensive guide to both explain the global payment landscape and cutting-edge innovations in detail.

PayTech is restructuring the payments distribution model with use cases for emerging technologies such as conversational commerce and AI chatbots, biometric verification and IoT networks while meeting the growing demand from Generation Z with high expectations of low friction and secure omnichannel payment environments.

Banks and Fintech startups are now able to take advantage of open APIs driving the digital transformation of payment infrastructures becoming faster and more available across borders and devices.

The editors who will review each submission for The PAYTECH Book come from both industry and academic backgrounds. Susanne Chishti who in 2014 founded FINTECH Circle draws her experience from 14 years in banking, with senior positions held at Morgan Stanley, Lloyds Banking Group and Deutsche Bank. Robert Courtneidge, CEO of Moorwand was voted No. 1 in Payments Power 10 at PayExpo15 and Top 10 Payments Lawyer Paybefore 2015.

Tony Cradock is Director General of the Emerging Payments Association and has held several senior positions in the payments industry. Markos Zachariadis is a Professor at Warwick Business School, FinTech Research Fellow at the University of Cambridge, and an expert in payment infrastructures.

FINTECH Circle’s previous editions The INSURTECH Book and The WEALTHTECH Book had over 400 industry experts from all over the world submitting proposals for their chance to share their insights and expertise. Potential co-authors for the PAYTECH Book are asked to submit a one-page abstract by 15 November 2018 here.

The global fintech community can vote for each submission, and the final decision is made by the editing team & Wiley. The selected authors will be notified in January 2019 to write their full chapters.

Susanne Chishti, CEO of FINTECH Circle and Co-Editor of the previous Bestsellers commented: “We are delighted to extend our successful partnership with global publishing house WILEY, to kick-start the global crowd-sourcing process for The PAYTECH Book – focused on the global payment ecosystem."

“In this book we aim to answer some of the most pressing questions of our time from collaboration methods, the role of central bankers and regulators, opportunities for the payments industry to innovate faster, smart contracts and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term shaped future payments systems to financial exclusion,” Chishti added.