FinTech and SupTech in China

<p>This book starts from the application of technologies in financial institutions and financial regulators in</p><p>China and defines the concept and connotation of FinTech and SupTech in the form of topics</p><p>analyses the main problems in the development process and discusses in depth the future</p><p>development and regulatory tendency of FinTech and SupTech.</p><p>In recent years with the in-depth application and cross-domain integration of information technology</p><p>in the financial world FinTech has rapidly developed and has been widely applied which</p><p>brings us an important enlightenment: technical factors will bring fundamental changes for</p><p>the development of the modern financial industry. While improving financial efficiency it has</p><p>an impact on the core financial problems such as information matching and mutual trust</p><p>solving making it urgent to improve financial supervision capacity and regulatory efficiency</p><p>through information technology to effectively guarantee financial security. At present many</p><p>Chinese financial institutions have applied technologies to their daily operations and</p><p>management such as accurate customer identification enhanced process tracking intelligent</p><p>marketing and product process transformation so as to simplify financial service processes</p><p>and shorten service cycles. Meanwhile the financial regulators in China such as PBOC</p><p>CBIRC CSRC have also applied technologies to the area of financial regulation in order to</p><p>reduce the cost of regulation and promote the efficiency and effectiveness of regulation.</p><p>In General this book both pays attention to practical application and theoretical which is a useful</p><p>reference book for theoretical research and practical work and also helps readers to</p><p>understand the application of technologies in financial institutions and financial regulators in</p><p>China.</p>