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>