Need For Regulation in the German FinTech Market
Gregor Dorfleitner and
Lars Hornuf
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Gregor Dorfleitner: University of Regensburg
Lars Hornuf: University of Bremen
Chapter Chapter 6 in FinTech and Data Privacy in Germany, 2019, pp 107-114 from Springer
Abstract:
Abstract This chapter analyzes the potential need for regulation in the German FinTech market. To this end, theoretical considerations and insights from expert interviews are discussed. Both our theoretical findings and the expert interviews suggest that further regulation of many details around FinTechs is necessary and that this particularly applies to aspects of data protection and data sovereignty, as well as to the need for legislation and supervisory authorities to keep pace with technological developments.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-31335-7_6
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DOI: 10.1007/978-3-030-31335-7_6
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