Martens Centre
  • Home
  • About
    • Who we are
    • Team
    • Bodies and Experts
    • Members
  • Publications
  • Events
  • News
  • Blog
  • Contact
back

Publications

  • Home
  • About
    • Who we are
    • Team
    • Bodies and Experts
    • Members
  • Publications
  • Events
  • News
  • Blog
  • Contact
Share on whatsapp
Whatsapp
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
Linkedin
Share on print
Print
Share on email
Email

Fine-Tuning Europe: How to Win the Global FinTech Race?

18 February 2020

The term ‘financial technology’ (FinTech) refers to technology-enabled innovation in the financial sector. FinTech could result in new business models, products and services. It has been rapidly developing around the world, offering innovative products and services that are quickly gaining traction with consumers and investors. Different countries and regions around the world are finding themselves caught up in this fast-paced ecosystem, where their competitiveness depends on a variety of factors, including the interaction of different market players, access to funding and talent, and regulatory measures. This paper examines the latest developments in specific financial technologies, major financial services and product providers. It also looks at the conditions which are shaping financial centres’ competitive significance in FinTech on a global scale.


Recent trends suggest that the US and China are emerging as key hubs for unlocking the disruptive potential of financial innovation in terms of the scale of their FinTech businesses and investments compared to Europe. For the comparatively smaller and younger European FinTech companies it would be challenging to compete with them without favourable government initiatives and support. The EU has already undertaken certain measures and initiatives in order to nurture its FinTech firms, but at the moment it lacks a targeted, EU-wide approach to FinTech. The policy landscape remains rather fragmented with different national approaches to legislation and regulation. The paper examines the current EU policies, initiatives and frameworks for the purpose of providing forward-looking policy recommendations for a more competitive and innovative single European market in the financial sector.

Download the publication

See the publication in a flipbook

Research Papers

Tsvetelina Kuzmanova

Edited by

Dimitar Lilkov

Research Team

  • European Union
  • Industry
  • Innovation
  • Technology

Related publications

  • Artificial Intelligence and Democracy

    Collaborative

    Artificial Intelligence and Democracy

  • The EU and the Multifaceted Nature of European Identity

    Research Papers

    The EU and the Multifaceted Nature of European Identity

  • Artificial Intelligence: Threats and Opportunities for Europeans

    Collaborative

    Artificial Intelligence: Threats and Opportunities for Europeans

  • Navigating the Carbon Border Adjustment Mechanism: The Dangers of Non-Compliance and Circumvention

    Research Papers

    Navigating the Carbon Border Adjustment Mechanism: The Dangers of Non-Compliance and Circumvention

  • EU Subsidiarity as an Antidote to Centralisation and Inefficiency

    Future of Europe

    EU Subsidiarity as an Antidote to Centralisation and Inefficiency

  • GDP, not the Bond Yield, should Remain the Anchor of the EU Fiscal Framework

    IN FOCUS

    GDP, not the Bond Yield, should Remain the Anchor of the EU Fiscal Framework

  • NATO’s New Strategic Concept: What Should We Expect?

    Policy Briefs

    NATO’s New Strategic Concept: What Should We Expect?

  • Standing in Unity, Respecting Diversity: A Survey Into Citizens’ Perspectives on the Future of Europe

    Future of Europe

    Standing in Unity, Respecting Diversity: A Survey Into Citizens’ Perspectives on the Future of Europe

You might also be interested by

  • Should TikTok be Banned? – with FCC Commissioner Brendan Carr

    Brussels Bytes - Multimedia

    25 Jan 2023

  • Bridge The Channel – Our Predictions For 2023

    Bridge the Channel - Multimedia

    19 Jan 2023

  • E-Health and Data Science in Medicine with Johnson and Johnson’s Xiaoying Wu and Angel Martin

    Brussels Bytes - Multimedia

    11 Jan 2023

  • Interview with EP Secretary General Klaus Welle at EIF22

    Live-streams - Multimedia

    06 Jan 2023

  • Bridge the Channel – December 2022

    Bridge the Channel - Multimedia

    20 Dec 2022

  • Women in Foreign Policy

    Her and EU - Multimedia

    15 Dec 2022

  • Defence Dialogue Episode 19 – EU-UK Defence Cooperation

    Defence Dialogues - Multimedia

    13 Dec 2022

  • Brussels Bytes

    The Digital Markets Act with Andreas Schwab, MEP

    Brussels Bytes - Multimedia

    08 Dec 2022

  • From Claiming a Global Role for the EU to Defending it – State of the Union 2022

    Blog

    15 Sep 2022

  • Thinking Talks Ep.6 with Ming-Yen Tsai, Ambassador, Taipei Representative Office in the EU & Belgium

    Multimedia - Thinking Talks - Ukraine

    27 Jul 2022

Related events

    • 11 October 2022

      European integration in the 2020s: Standing in Unity, Respecting Diversity?

      European integration in the 2020s: Standing in Unity, Respecting Diversity? 2023-02-05

      TownHall Europe, Sq. de Meeûs 5, 1000 Brussels

      In-House Events

    • 31 May - 01 June 2022

      EPP Congress Sideline Event

      EPP Congress Sideline Event 2023-02-05

      Rotterdam, Netherlands

      In-House Events

Stay updated on Martens Centre Activities, Events and Publications

  • Navigate

    • Home
    • About
      • Who we are
      • Team
      • Bodies and Experts
      • Members
    • Publications
    • Events
    • News
    • Blog
    • Contact
  • More

    • A word from Wilfried Martens
    • European People’s Party
    • Join the team
    • Privacy Policy, Cookie policy & Legal
  • Contact us

    0032 (0)2 300 80 04
    20 Rue du Commerce
    1000 Brussels, Belgium

Copyright © 2023 | Martens Centre ALYS

This website uses cookies to improve your experience, click here for more info. ACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
SAVE & ACCEPT
Go to mobile version