The Money Hackers: How a Group of Misfits Took on Wall Street and Changed Finance Forever

HarperCollins Leadership. Apr. 2020. 256p. ISBN 9781400216604. $27.99. ECON
This work from Simon (chairman, Museum of American Finance communications board; CEO, Vested) looks at the people who revolutionized the digital financial world and the struggles they endured. These people came up with simple yet effective ways to improve their daily lives, which in turn expanded outward into improving the way we do financial business; these innovations resulted in the evolution of fintechs, or financial technology companies. Banks in their brick-and-mortar form will become (or maybe have already become) obsolete without the integration of financial technology. Fintechs have emerged as more than a supporting role for banks, but instead as a partnership. Banks that recognize this take every opportunity to apply fintech innovations to give them the edge. Simon shows how this goal has been achieved by first looking at what impact existing business practices have had on our lives and by using this information to envision the future of fintechs in the banking environment.
VERDICT Best suited for anyone in the banking, technology, and finance industry, this book provides excellent insight on how people came up with effective ideas to implement digital solutions that make our daily digital finance world more productive.

Be the first reader to comment.

Comment Policy:
  • Be respectful, and do not attack the author, people mentioned in the article, or other commenters. Take on the idea, not the messenger.
  • Don't use obscene, profane, or vulgar language.
  • Stay on point. Comments that stray from the topic at hand may be deleted.
  • Comments may be republished in print, online, or other forms of media.
  • If you see something objectionable, please let us know. Once a comment has been flagged, a staff member will investigate.



We are currently offering this content for free. Sign up now to activate your personal profile, where you can save articles for future viewing