FinTech describes the digitalization in the finance world. The term is often used to describe companies that have focused on offering financial innovations in the technological or digital field. However, the term actually stands for innovations from the financial sector which are technologically further developed/optimised. These optimized innovations are once instruments and services or innovations that combine exactly these two.

In order to develop new business models, the use of the Business Model Canvas is recommended.

Why this is interesting for a Chief Digital Officer (CDO)?
Fintech revolutionizes the financial world. That's why it is important for Chief Digital Officer (CDO).
See also (glossary Fintech)): Why this is interesting for a Chief Digital Officer (CDO)?
Classical industries are affected by the disruptive upheaval. This means that companies have to change into technology companies. This change of business in tech describes BusinessTech. These are often compound words from the classic industry + tech. For example Finance + Tech = Fintech.

See also (glossary BusinessTech): Why this is interesting for a Chief Digital Officer (CDO)?
The business model canvas is the de-facto standard for business models, especially in the digital world. That is why it is important for Chief Digital Officer (CDO).
See also (glossary Business Model Canvas):

External links:

FinTech posts on chief-digital-officers.com:

Jan

My name is Jan Puder (LinkedIn profile Jan Puder). I am the founder & CEO of the BusinessTech-Company. Me and the BusinessTech-Company want to push the digital frontier. This is the reason, why I started this website. I want to provide information about digital businesses, especially for Chief Digital Officers.

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