Abstract:
The industrial revolution 4.0 is taking place firmly, bringing technology into all sectors of the economy. The banking and finance industry is no exception to that trend. Fintech represents a digital revolution that can completely change how the banking and finance industry does business. Fintech can increase efficiency in the financial sector, provide better products and services, and enhance economic integration in developing countries. As Fintech booms and occupies an increasingly important place in the financial system, regulation is considered the number one concern of governments around the world. It is necessary to have a complete and complete legal framework to promote the advantages and limit the risks in the operation of Fintech companies in general and Fintech in the payment field in particular. This article examines the management experience of Fintech in the payment field in several countries, thereby giving some suggestions for Vietnam.
|