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Europe and Leadership in Financial Innovations (Fintech)

Author

Listed:
  • Silviya Kirova

Abstract

The interaction between technology and fi­nance has a long history, but in the past several years we have witnessed a new wave of techno­logical innovation, that has entered the financial markets and changed them significantly. The goal of this study is to explore the development of the fintech industry in the last decade and to point out where Europe stands now compared to the rest of the world in terms of development and implementation of financial innovation. The European initiatives to foster Europe’s leader po­sition in fintech, so that the European society reap up in full the benefits of new technology are also presented in the paper.

Suggested Citation

  • Silviya Kirova, 2019. "Europe and Leadership in Financial Innovations (Fintech)," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 16-26, September.
    • Handle: RePEc:nwe:iisabg:y:2019:i:3:p:16-26
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    More about this item

    Keywords

    financial innovation; technology; fintech; financial markets;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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