FinTech Regulation—A Key to Financial Stability
Nafis Alam
Chapter Chapter 2 in Global Perspectives in FinTech, 2022, pp 9-24 from Springer
Abstract:
Abstract The emergence of Financial Technology (FinTech) startups has created a new breed of financial services providers. The rapid adoption of digital platforms, Neobanks, and investment in digital assets has forced regulators to go beyond traditional regulatory and supervisory guidelines. Some big FinTech startups are now not too small to be ignored and, if not regulated well, can create challenges for financial stability. This chapter will explore the risk emerging from FinTech and how it can impact financial stability. The chapter will also provide a commentary on the recent regulatory responses to FinTech.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-11954-5_2
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DOI: 10.1007/978-3-031-11954-5_2
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