The Next Revolution in our Credit-Driven Economy: The Advent of Financial Technology

PRAISE FOR THE NEXT REVOLUTION IN OUR CREDIT-DRIVEN ECONOMY

"Schulte brings an element of "been there, done that" to this book about how finance truthfully operates. This book should be (read by) any student of Finance and Economics and should be made compulsory for any practicing central banker."
–DAVID DREDGE, Fortress Investments

"Paul is one of the most astute commentators globally in his understanding of the new financial architecture. A must read for anyone following financial markets."
–AMIT RAJPAL, Marshall Wace

"This book is a wakeup call to bankers on the disruption posed by new financial technologies to commercial banking's "business as usual" attitude."
–EUGENE GALBRAITH, Bank Central Asia

"Schulte poses the question of whether or not banks as we know them will survive the challenges of the digital revolution."
–JAMES STENT, China Everbright Bank

"This book should be read by financial professionals, regulators, political leaders and anyone trying to manage a portfolio."
–WILLIAM OVERHOLT, Fung Global Institute

"This lucidly written and brilliant book will allow readers to know who will survive the financial revolution. Those who do not pick up a copy of this book do so at their peril."
–BHASKAR CHAKRAVORTI, The Fletcher School at Tufts University

"Schulte helps guide us to the beginning of the cross-section of technology and finance, a merger of two worlds that will likely dominate the global economic discussion for the next decade."
–MINH DUC DO, Gerson Lehrman Group

"This timely work shows how the technology and big data revolution is spawning new models of financial intermediation that threaten banks."
–SIMON OGUS, DSG Asia Limited