REGULATORY CHALLENGES AND POLICY FRAMEWORKS IN FINTECH

Abstract

Fintech has had an impact on business by enabling the development of improved services for both customers and corporations. However, fintech poses new issues for regu1ators, who are struggling to keep up with continuous growth of techno1ogy & ensuing disruption. Advancement of techno1ogy & laws in Fintech business has been uneven between industrialized and developing nations, creating several possibilities and difficulties. This study discusses regulatory issues and policy structures. This research contributed to literature by highlighting role of Fintech applications in increasing financial companies' competitive advantages, improving company efficiency through cost reduction & productivity enhancement, & thus increasing profitability, as well as improving quality of financial services & products offered to consumers.