Market developments based on digital technologies

LAURIDSEN, Nico; PASSOS PECANHA VIEIRA, Nikolas

doi:10.2870/8600400

Market developments based on digital technologies

dc.contributor.author	LAURIDSEN, Nico
dc.contributor.author	PASSOS PECANHA VIEIRA, Nikolas
dc.date.accessioned	2025-02-03T09:34:09Z
dc.date.available	2025-02-03T09:34:09Z
dc.date.issued	2024
dc.description.abstract	This chapter aims to provide an overview of the recent trajectory of the FinTech market by identifying and critically examining the crucial factors that have shaped its evolution at the global and European levels. Particular attention is given to technological advances and the implementation of new regulatory frameworks, both of which have been instrumental in driving innovation in the sector (Financial Stability Board, 2019; Boot et al., 2021; Beck at al., 2022). The chapter explores two main aspects of FinTech growth. First, it covers the increase in market participants and the growing volume of financial transactions due to improved access to funding. Second, it analyses the ongoing consolidation of the industry driven by recent macroeconomic shifts and considers the broader implications for market structure and competition (Propson et al., 2024). By focusing on these two areas, the chapter aims to provide a descriptive analysis of how the market is responding to current global challenges such as geopolitical risks and inflation. It also explores the policy considerations surrounding the adoption and enforcement of new regulatory frameworks in the realm of digital finance. Indeed, the evolution of the FinTech market has taken place in a historical moment of favourable macro conditions and non-dedicated regulatory regimes. To discuss the outlook for the FinTech market and its development it is essential to analyse current shifts in global trends. The analysis of market trends considers a time horizon of five years, both prior to and following the present. This approach is necessary due to the high volatility of the macroeconomic environment, which complicates discussion of potential implications for market structure in the medium to long term.	en
dc.format.mimetype	application/pdf	en
dc.identifier.citation	Lorenzo MORETTI, Laura RINALDI and Pierre SCHLOSSER (eds), Digital finance in the EU : navigating new technological trends and the AI revolution, Florence : European University Institute, 2024, pp. 12-34	en
dc.identifier.doi	10.2870/8600400
dc.identifier.isbn	9789294666376
dc.identifier.uri	https://hdl.handle.net/1814/77928
dc.language.iso	en	en
dc.orcid.upload	true	*
dc.publisher	European University Institute	en
dc.relation.ispartofseries	[Florence School of Banking and Finance]	en
dc.relation.ispartofseries	EU Supervisory Digital Finance Academy (EU-SDFA)	en
dc.rights	info:eu-repo/semantics/openAccess	en
dc.rights.license	Attribution 4.0 International	*
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/	*
dc.title	Market developments based on digital technologies	en
dc.type	Contribution to book	en
dspace.entity.type	Publication
person.identifier.orcid	0000-0002-4380-6392
person.identifier.other	47701
person.identifier.other	54009
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