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|About||Fintech Policy is an up-and-coming Brussels-based knowledge hub and policy network on technology-enabled financial innovation in Europe|
Fintech – digital financial technologies, or technology-enabled financial innovation – is currently reshaping the development and future of the financial services sector by disrupting financial services and products. Fintech solutions are also widely impacting productivity, efficiency and innovation in other sectors and parts of society. Technological development provides great opportunities for existing financial institutions, alternative service providers and new business models, provided that any risks are carefully managed.
And it is exactly the financial sector that remains most heavily regulated by definition. Yet, the policy solutions developed for the industrial reality of the 20th century often come clashing with the present-day developments of the digital age. Fintech faces a complex regulatory environment that was designed for older business models and is slow to adopt change. European and national legislation often adjusts too slowly to the new digital agenda of fintech, which sometimes makes it difficult to leverage digital opportunities related to big data, blockchain technology and cryptocurrencies.
Fintech Policy is dedicated to making a positive contribution to policymaking on fintech through cutting-edge research and by engaging political leaders and fintech adopters in a constructive exchange. The portal offers a convenient and comprehensive resource for those keeping track of the evolving and increasingly complex European financial services regulatory environment. It reports on fintech regulatory developments and provides insights and commentary.