Effective regulations of FinTech innovations: the case of China

• Published in: Economics of innovation and new technology Vol. 31; no. 8; pp. 751 - 769
• Main Authors: Bu, Ya, Li, Hui, Wu, Xiaoqing
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 17.11.2022; Taylor & Francis Ltd
• Subjects: Bank technology; bounded rationality; Compliance; effective regulation; emerging technologies; FinTech; Innovations; Noncompliance; Regulation; Regulations; Regulatory agencies; China

In recent years, China has witnessed the rapid development of FinTech and become a leading country in the world. However, the regulatory mode under the traditional regulatory framework in China is difficult to effectively deal with the potential risks of FinTech innovations, which leads to frequent...