Financial technology (FinTech) is a marriage of sorts between the financial services and technology sectors. It leverages on technology to innovate the delivery of products and services traditionally offered by financial institutions. Writing on this new area of law and business encompassing domestic and international jurisdictions, the author covers the subject in a unique way combining the legal, business and operational aspects of FinTech through his broad experience as a practising lawyer, and a board member of a bank as well as of a listed technology-based company. The author takes the reader on a journey through the realm of finance covering both Islamic and conventional banking with an explanation of the history and an analysis of the applicable legislation and also related legislations in Asia, Europe and the United States.

Leaving no stone unturned, the author begins with the book on a history lesson of finance and proceeds to where it is today with FinTech making inroads into the financial industry via technology. He then discusses at length on the legal and operational aspects of banking and finance and moves on to capital markets and issues relating to money laundering. Mergers and acquisitions and corporate law are tackled by providing instances of FinTech acquisitions coupled with a lesson on takeovers and due diligence. He then moves on to the technical aspects of digital banking covering several jurisdictions. With his background in Islamic finance, he deals with takaful insurance, Islamic FinTech and E-waqf. He also deals with cyber security covering several pieces of legislation relevant to it. The book ends with a chapter on internet of things with a detailed analysis of the legal implications of smart contracts and solutions moving forward.