Restricted access

Marked by the speed of technological change and the range of new entrants in the financial sector, FinTech is the poster child that continues to grab the headlines. FinTech stands for ‘financial technologies’ and, in its broadest sense, that is exactly what it is: technologies used and applied in the financial services sector. But more and more, FinTech is coming to represent technologies that are disrupting traditional financial services, including mobile money, digital wallets, open banking and artificial intelligence. This chapter describes the development of FinTech, its key features, market players, products and trends. With its promise for innovation and growth, FinTech also brings new challenges, particularly for regulation and regulators. This chapter concludes by providing an overview of key issues that emerge on the regulatory landscape and a range of possible regulatory responses.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with you Elgar account
Editor: Jelena Madir
Monograph Book