FinTech regulation—a key to financial stability

Nafis Alam

doi:10.1007/978-3-031-11954-5_2

FinTech regulation—a key to financial stability

Nafis Alam

Malaysia School of Business

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

2 Citations (Scopus)

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.

Original language	English
Title of host publication	Global Perspectives in FinTech
Subtitle of host publication	Law, Finance and Technology
Editors	Hung-Yi Chen, Pawee Jenweeranon, Nafis Alam
Place of Publication	Cham Switzerland
Publisher	Palgrave Macmillan
Chapter	2
Pages	9-24
Number of pages	16
Edition	1st
ISBN (Electronic)	9783031119545
ISBN (Print)	9783031119538
DOIs	https://doi.org/10.1007/978-3-031-11954-5_2
Publication status	Published - 2022

Keywords

FinTech
Regulation
Data privacy
Fraud

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1007/978-3-031-11954-5_2

Cite this

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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.",

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AB - 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.

KW - FinTech

KW - Regulation

KW - Data privacy

KW - Fraud

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M3 - Chapter (Book)

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EP - 24

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A2 - Jenweeranon, Pawee

A2 - Alam, Nafis

PB - Palgrave Macmillan

CY - Cham Switzerland

ER -

FinTech regulation—a key to financial stability

Abstract

Keywords

UN SDGs

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Other files and links

Global Perspectives in FinTech: Law, Finance and Technology

Cite this