Skip to main content

Advanced Search

Projected result for your current search: 0

Search Operators:

You can use operators in your search query to narrow down your results even more. Click on the search operator to see an explanation of how it works.
Finds documents with exactly this word group, in exactly this word order and spelling (e.g. "employer branding").
Finds documents with both search terms (e.g. sales AND bonus).
Finds documents with one or the other search term (e.g. porsche OR volkswagen).
Finds documents with all search terms. Blank space is understood as AND (e.g. man robot production).
Finds documents with no appearance of the word behind NOT (e.g. ford NOT "harrison ford").
Finds documents where the search term is mentioned at least "n" times."n" may be any number (e.g. COUNT(gear)>8).
Finds documents with both search terms in any word order, permitting "n" words as a maximum distance between them. Best choose between 15 and 30 (e.g. NEAR(recruit, professionals, 20)).
Finds documents with the search term in word versions or composites. The asterisk * marks whether you wish them BEFORE, BEHIND, or BEFORE and BEHIND the search term (e.g. lightweight*, *lightweight, *lightweight*).
Finds documents with the search term in different spellings. "?" allows only one character (e.g. organi?ation).
Special characters are understood as AND (e.g. Miller Bros. & Sons).

Semantic Search

powered by (Link opens in a new window)
loading …
Log in
Top

FinTech and SupTech in China

  • 2023
  • Book
Authors
Dawei Zhao
Jia Yuan
Wei Chen
Book Series
Contributions to Finance and Accounting
Publisher
Springer Nature Singapore
Part of
Springer Professional "Business + Economics & Engineering + Technology"
Springer Professional "Business + Economics"

About this book

This book starts from the application of technologies in financial institutions and financial regulators in

China, and defines the concept and connotation of FinTech and SupTech in the form of topics,

analyses the main problems in the development process, and discusses in depth the future

development and regulatory tendency of FinTech and SupTech.

In recent years, with the in-depth application and cross-domain integration of information technology

in the financial world, FinTech has rapidly developed and has been widely applied, which

brings us an important enlightenment: technical factors will bring fundamental changes for

the development of the modern financial industry. While improving financial efficiency, it has

an impact on the core financial problems such as information matching and mutual trust

solving, making it urgent to improve financial supervision capacity and regulatory efficiency

through information technology to effectively guarantee financial security. At present, many

Chinese financial institutions have applied technologies to their daily operations and

management, such as accurate customer identification, enhanced process tracking, intelligent

marketing, and product process transformation, so as to simplify financial service processes

and shorten service cycles. Meanwhile, the financial regulators in China, such as PBOC,

CBIRC, CSRC, have also applied technologies to the area of financial regulation, in order to

reduce the cost of regulation, and promote the efficiency and effectiveness of regulation.

In General, this book both pays attention to practical application and theoretical, which is a useful

reference book for theoretical research and practical work, and also helps readers to

understand the application of technologies in financial institutions and financial regulators in

China.

Table of Contents

  1. Frontmatter

  2. FinTech in China

    1. Frontmatter

    2. Chapter 1. Overview of FinTech

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      Generally, FinTech refers to applying emerging technologies represented by Artificial Intelligence (AI), Blockchain, Cloud Computing, and Big Data in the financial sector. FinTech combines data and technology innovation with financial business scenarios.

    3. Chapter 2. FinTech is Impacting the Financial Industry

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      FinTech is impacting traditional financial businesses. Traditional financial institutions are innovating their business models by applying FinTech, represented by AI, Blockchain, Cloud Computing, and Big Data, for business model optimization. As a result, they simplify their business processes, improve their business efficiency, reduce costs, and increase their profits.

    4. Chapter 3. The Rise of BigTechs in the Financial Market

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      At an early stage, western media regarded Google, Amazon, Facebook, and Apple as “Four BigTechs” and later included Microsoft and referred to them as “Five BigTechs”. However, as time passes, the word “BigTech” is currently more often used to refer to large technology companies with a wide range of business scopes and massive influence in relevant markets. Pursuant to this definition, in China, several large Internet enterprises, including Alibaba, Baidu, Tencent, Etc., also fall into the scope of BigTech.

    5. Chapter 4. Digital Currency

      Dawei Zhao, Jia Yuan, Wei Chen

    6. Chapter 5. Financial Consumer Protection in Fintech Field

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      With the full integration of science and finance, modern information technologies, such as the Internet, Big Data, Cloud Computing, AI, and Blockchain, have been widely applied to the financial sector, and “technology plus” has injected a new driving force to achieve leapfrog development in finance.

  3. SupTech in China

    1. Frontmatter

    2. Chapter 6. Overview of SupTech

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      Comprehensive and in-depth integration of technology and the financial sector is producing profound changes to financial consumption. On the one hand, the 7 * 24 Internet-based and round-the-clock service channels and relatively low product thresholds have enhanced the availability of financial services in an unprecedented manner, significantly reducing the cost of financial services for financial consumers.

    3. Chapter 7. Theoretical Issues and Concerns Around SupTech

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      As discussed in Chap. 6, the practitioners, and academia have not yet established a comprehensive theoretical system for SupTech, leaving many fundamental theoretical issues unsolved. In particular, the connotation and scope of SupTech still in controversies and need further clarifies. Therefore, it is of great value and practical significance to clarify the fundamental theoretical issues of SupTech.

    4. Chapter 8. SupTech Practices by Chinese Regulators

      Dawei Zhao, Jia Yuan, Wei Chen
      Abstract
      While scientific and technological innovation injects new vitality into financial development, financial products become networked and digitalized, financial services increasingly fictitious, business boundaries gradually blurred, and the business environment increasingly open.

    5. Chapter 9. Policy Suggestions for SupTech Development

      Dawei Zhao, Jia Yuan, Wei Chen
Title
FinTech and SupTech in China
Authors
Dawei Zhao
Jia Yuan
Wei Chen
Copyright Year
2023
Publisher
Springer Nature Singapore
Electronic ISBN
978-981-9951-73-4
Print ISBN
978-981-9951-72-7
DOI
https://doi.org/10.1007/978-981-99-5173-4

PDF files of this book don't fully comply with PDF/UA standards, but do feature limited screen reader support, described non-text content (images, graphs), bookmarks for easy navigation and searchable, selectable text. Users of assistive technologies may experience difficulty navigating or interpreting content in this document. We recognize the importance of accessibility, and we welcome queries about accessibility for any of our products. If you have a question or an access need, please get in touch with us at accessibilitysupport@springernature.com

Premium Partner

    Image Credits
    Salesforce.com Germany GmbH/© Salesforce.com Germany GmbH, IDW Verlag GmbH/© IDW Verlag GmbH, Diebold Nixdorf/© Diebold Nixdorf, Ratiodata SE/© Ratiodata SE, msg for banking ag/© msg for banking ag, C.H. Beck oHG/© C.H. Beck oHG, OneTrust GmbH/© OneTrust GmbH, Governikus GmbH & Co. KG/© Governikus GmbH & Co. KG, Horn & Company GmbH/© Horn & Company GmbH, EURO Kartensysteme GmbH/© EURO Kartensysteme GmbH, Jabatix S.A./© Jabatix S.A.