Year: 2026
Type: book-chapter
Abstract: Digital finance relies on the transfer of economic value in non-cash form, typically by private companies operating in a decentralized manner. Several kinds of financial services have become digital, especially payments, foreign exchange transactions, lending, and asset managing. The first major forms of digital finance were the introduction of internet payments based on settlements through private companies, gradually extended to private digital currencies. More recently a wide range of financial offerings has emerged in which digital clients may invest indirectly with a degree of decentralization. These Offerings, alongside the implied value and level of risk, have ushered in the growing concept of digital assets. The second major area of financial services, undergoing more than a decade of innovation and development following the last global financial crisis, is Fintech and Condition obtained Compliance Programs, along with providing Windows of the US and Europe Capital Market and maintaining the old monetary and regulatory policy reset. Digital finance is more essentially a broadening of these borders but with different mode of operation and business incentive structure. Therefore, Trust can mean very different functions between FinTech and the Payment Lands and must have different ways of being Incentivized, Achieved, and Measured.
Author: Tarun Vakkalagadda
Institution: Goldman Sachs (United States)
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W7204033017