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Fintech Market Development in China

In: Contemporary Strategic Chinese American Business Negotiations and Market Entry

Author

Listed:
  • Stanley Teck Lee Yap

    (The Royal Melbourne Institute of Technology, Vietnam Campus (RMIT University Vietnam))

Abstract

Financial technologies, also known as “FintechFintech,” have brought disruptive changes to virtually every aspect of business and financial services and are becoming increasingly important in the world economic system. Fintech is used to describe technologies and innovations that change the provision of financial services and compete with traditional financial institutions. The concept includes a range of innovative technology-enabled financial services such as mobile payments, digital banking, insurance, wealth management, cryptocurrencies, and cross-border payments.

Suggested Citation

  • Stanley Teck Lee Yap, 2023. "Fintech Market Development in China," Springer Books, in: Steven J. Clarke (ed.), Contemporary Strategic Chinese American Business Negotiations and Market Entry, pages 471-493, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-6986-7_15
    DOI: 10.1007/978-981-19-6986-7_15
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