Lerong Lu examines the biggest change in modern financial industry - the Fintech (financial technology) revolution - that denotes the close interaction between the financial services industry and latest information technologies such as big data, cloud computing, blockchain, and artificial intelligence. The three areas of banking institutions, online lending marketplaces, and money and payment systems are explored to assess how financial innovations affect the traditional financial industry, what kinds of regulatory challenges arise, and how global policymakers react to such challenges.
With in-depth and international case studies on Fintech, including app-based banking services, mobile payments, P2P lending, and cryptocurrencies, the global Fintech hubs in six continents are assessed. The complex, dynamic, and multidimensional Fintech ecosystem is also investigated including its key players (such as regulatory strategy, regulatory sandbox, and RegTech) and Fintech corporations (including financial holding companies, Fintech unicorns, BigTech firms, and Metaverse platforms).
Lu highlights the enormous benefits for financial institutions and their consumers and argues that Fintech contributes to a more equal, democratic, inclusive, and sustainable financial system. However, he also considers the risks and multiple legal, ethical, and regulatory challenges for policy-makers and financial authorities that Fintech has posed.
Rezensionen / Stimmen
True to its revolutionary emphasis as contained in the title, Lu's book serves as a valuable contribution that highlights the transformative power of technology in reshaping financial systems. Offering a robust analysis of current fintech technologies and their attendant impacts, the book clearly demonstrates the potential for fintech to democratize finance and drive economic inclusion worldwide. * Gordon Kuo Siong Tan, Routledge * Global Fintech Revolution: Practice, Policy, and Regulation is a timely and valuable contribution that addresses a significant gap in the existing literature by exploring the practices, policies, and regulation of FinTech businesses and their related ecosystems. It offers policymakers and regulators worldwide insightful perspectives, serving as an important resource for navigating the evolving landscape. * Dr. Min Yan, Reader and Deputy Associate Dean (Research) at the City Law School, University of London, published in Securities Regulation Law Journal (Spring 2025, Thomson Reuters). * Global Fintech Revolution: Practice, Policy, and Regulation is a timely and valuable contribution that addresses a significant gap in the existing literature by exploring the practices, policies, and regulation of FinTech businesses and their related ecosystems. It offers policymakers and regulators worldwide insightful perspectives, serving as an important resource for navigating the evolving landscape. * Dr. Min Yan, Reader and Deputy Associate Dean (Research) at the City Law School, University of London, published in Securities Regulation Law Journal (Spring 2025, Thomson Reuters). *
Sprache
Verlagsort
Zielgruppe
Produkt-Hinweis
Fadenheftung
Gewebe-Einband
Maße
Höhe: 240 mm
Breite: 158 mm
Dicke: 36 mm
Gewicht
ISBN-13
978-0-19-885014-4 (9780198850144)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Dr Lerong Lu is Senior Lecturer in Law (Associate Professor) and Director of LLM Law & Technology Programme at the King's College London. Prior to this position, he was Lecturer in Law at the University of Bristol. He obtained PhD and LLM degrees from the University of Leeds and is a Fellow of the UK Higher Education Academy. He has published extensively in the fields of financial law and regulation with over 40 articles in academic journals and edited books.
Autor*in
Senior Lecturer in LawSenior Lecturer in Law, King's College London
List of Figures
List of Tables
List of Abbreviations
1: Introduction
2: Understanding Fintech
3: Fintech EcosystemDLPart One: Global Fintech Hubs and Regulatory Solutions
4: Fintech EcosystemDLPart Two: Fintech Corporations, BigTech, and Metaverse
5: Fintech in Banking Institutions
6: Fintech in Online Lending Marketplaces
7: Fintech in Monetary and Payment Systems
8: Conclusion
Bibliography
Index
