Financial technology (‘FinTech') is transforming finance and challenging its regulation at an unprecedented rate. Two major trends stand out in the current period of FinTech development. The first is the speed of change driven by the commoditization of technology, Big Data analytics, machine...

“FinTech”, a contraction of “Financial technology”, refers to technology enabled financial solutions. It is often seen today as the new marriage of financial services and information technology. However, the interlinkage of finance and technology has a long history and has evolved over...

Digital financial services (DFS) are held out as key financial solutions for improving financial inclusion. However, targeted end users often offer little in the way of obvious profitable opportunities and so market forces alone are not enough to ensure the supply of services and products that...

Digital financial services (DFS) present an unprecedented opportunity to improve financial inclusion and economic development. However, these innovative services can prove challenging for regulators, particularly in developing countries. This article proposes a comprehensive analytical framework...

Since 1979, China has made tremendous progress in its transformation to a socialist market economy. As part of this process, China's financial system has evolved to one characterised by a high degree of marketization. At the same time, China today faces new challenges to growth and development,...

Digital Financial Services (DFS) are held out as key financial solutions for improving financial inclusion. However, targeted end-users often offer little in the way of obvious profitable opportunities and so market forces alone are not enough to ensure the services provided match end-users...

DeFi – ‘Decentralized Finance' – has joined FinTech, RegTech, cryptocurrencies and digital assets as one of the most discussed emerging technological evolutions in global finance. Yet little is really understood about its meaning, legal implications and policy consequences. This article...