Fintech and law: what regulation for new entrants in the banking and financial sector?

Summary The 4th cover states: "The term FinTech - a contraction of financial technology -, which has taken hold in the media, sounds like a death knell for the traditional banking and financial world: are fintechs, which are disrupting business models, challenging regulatory models? Do they generate new risks? Could they be a danger for global finance? These new entrants to the financial sector, who bring innovation and sometimes disruption, are also potential partners that need to be regulated when they offer regulated services and products. The difficulty lies in finding the right balance between the desire to promote innovation, on the one hand, and the concern to protect consumers and public order, on the other. Regulators and supervisors in many countries, including France and Belgium, have met this challenge. Through their combined approach of national, European and comparative law, which situates the issue in its evolving and international context, the authors offer a pedagogical, clear and concise book on the regulatory issues and the responses - provided or desirable - of the still nascent fintech sector (new payment players, blockchain, participative finance, robo-advisors, new services stemming from Big Data, etc.)."