The key to fintech is trust

Fintech is revolutionising how financial services are delivered and consumed, but it’s essential that regulators get the balance right for everyone’s interests

26th March, 2017
Dominic Conlon, head of technology, Leman Solicitors

Regulators, while recognising the many benefits fintech can bring, such as reducing costs for consumers while increasing consumer choice and convenience – are challenged by how those new fintech business models have the potential to impact on the stability of the traditional financial system.

Many of the technologies and business models being developed by these new companies don’t fall neatly within any particular set of regulations, which also presents problems.

Proper regulations will...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Covid working patterns put senior executives in firing line

The new digital order

Agribusiness Summit welcomes tech-led ‘agricultural revolution’

Key to success is joined-up thinking