FinTech and RegTech in a Nutshell, and the Future in a Sandbox
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Descripción editorial
The 2008 global financial crisis represented a pivotal moment that separated prior phases of the development of financial technology (FinTech) and regulatory technology (RegTech) from the current paradigm. Today, FinTech has entered a phase of rapid development marked by the proliferation of startups and other new entrants, such as IT and ecommerce firms that have fragmented the financial services market. This new era presents fresh challenges for regulators and highlights why the evolution of FinTech necessitates a parallel development of RegTech. In particular, regulators must develop a robust new framework that promotes innovation and market confidence, aided by the use of regulatory "sandboxes." Certain RegTech developments today are highlighting the path toward another paradigm shift, which will be marked by a reconceptualization of the nature of financial regulation.
Reseñas de clientes
A Lot of Hype.
Not very interesting the text. The nutshell consists on talking about History and triggering shots up high to clouds. It is what is usually described as a pamphlet for promotional target and goal. Do not expect much by this side.
A Lot of bibliography, which appreciate, to revise and study by yourself. This is, on the other hand, interesting.