Regulatory Sandbox and Competition of Financial Technologies in Taiwan

Regulatory Sandbox and Competition of Financial Technologies in Taiwan By Andy C. M. Chen (Chung Yuan Christian University)1

Financial technology, or “FinTech” for short, has become the buzzword for today’s digital economy. The rapid advancements of information technology and the Internet assist financial institutions to provide their products and services more efficiently and in a way more tailored to their customers’ needs. Insurance companies, for example, have used telematics technology and big data analytics to better understand the risk preferences of their potential clients. …

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