Overview
Technology has always been a transformative force in the financial services industry, with revolutionary innovations in securities investing and trading, transaction payment methodologies, and the provision of investment advice. Fintech, Regtech, and the Financial Services Industry examines the developments taking place in the industry and the opportunities they bring to the marketplace, as well as the emerging regulatory framework. The treatise traces the development of fintech, regtech, and suptech, and reviews the pertinent regulatory agencies; examines the business applications of fintech and their attendant regulatory implications; covers the concept of creating a general ledger through blockchains; examines fintech data use; considers AML in the fintech context; discusses the legal effectiveness of electronic signatures and records, and electronic delivery and retention of records; and discusses firms’ integration of data analytics into their compliance programs, as well as regulators’ use of data analytics to surveil financial markets.