Fintech and regtech: Impact on regulators and banks
By Ioannis Anagnostopoulos. Journal of Economics and Business, 2018
559 citations recorded by the source corpus.
The purpose of this paper is to develop an insight and review the effect of FinTech development against the broader environment in financial technology. We further aim to offer various perspectives in order to aid the understanding of the disruptive potential of FinTech, and its implications for the wider financial ecosystem. By drawing upon very recent and highly topical research on this area this study examines the implications for financial institutions, and regulation especially when technology poses a challenge to the global banking and regulatory system. It is driven by a wide-ranging overview of the development, the current state, and possible future of fintech. This paper attempts to connect practitioner-led and academic research. While it draws on academic research, the perspective it takes is also practice-oriented. It relies on the current academic literature as well as insights from industry sources, action research and other publicly available commentaries. It also draws on professional practitioners’ roundtable discussions, and think-tanks in which the author has been an active participant. We attempt to interpret banking, and regulatory issues from a behavioural perspective.
Subfields: Information Systems, Management Information Systems, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/b8b691b67d82e12b7eca72b902edce439be43b21
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In Information Systems
In Strategy and Management
Citations in the corpus
- How Blockchain can impact financial services – The overview, challenges and recommendations from expert interviewees (2020, background): “After the Credit Crisis of 2008, the landscape of the fi nancial sector has changed due to overall fi nancial regulation and fi nancial technology innovation (Anagnostopoulos, 2018; Brem et al., 2017).”
- Risk spillovers between FinTech and traditional financial institutions: Evidence from the U.S. (2020, background): “In a qualitative setting, Ng and Kwok (2017), Drashch et al. (2018) and Anagnostopoulos (2018) acknowledge that the traditional financial sector faces new risks connected with the emergence of innovative FinTech startups.”