Finance and Society 12(2):127-145. (2026) (w/Amin Samman & Carola Westermeier).
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Finance is becoming tech – and in the process, changing how the future enters the present. This claim goes beyond the familiar story of ‘fintech’, in which digital tools transform the delivery of otherwise recognizable financial services. It points instead to a deeper change in how finance coordinates action under uncertainty. We introduce the concept of technofinance to name an emerging regime in which engineered infrastructures generate, rank, circulate, and act upon financial signals automatically, recursively, and at scale. We develop the concept across three interrelated dimensions. Infrastructurally, technical systems increasingly determine the conditions of participation, visibility, and eligibility. The result is a compression of financial time and the rise of a new mode of architectural power: the capacity to govern coordination in advance through protocols, parameters, defaults, and thresholds.
Economic Sociologist