Fintech and the debt capital markets
Published by a LexisNexis Banking & Finance expert
Practice notesFintech and the debt capital markets
Published by a LexisNexis Banking & Finance expert
Practice notesInnovation and new technologies have had an impact on most industries in recent years. The evolution of technology is largely driven by a desire to reduce Costs and increase efficiency. Within the debt capital markets, to date, the level of technology and innovation disruption has been minimal, largely because of the high Barriers to entry including capital Requirements and regulatory scrutiny. This is set to change, however, and new technologies are starting to be embraced within the debt capital markets.
What is Fintech?
There is no universal definition of ‘fintech’, but it is a term that is broadly used to describe innovation in financial services that is enabled by technology.
Examples of such innovation include:
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cryptocurrencies/cryptoassets (eg bitcoin)
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blockchain or distributed ledger technology (DLT)
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artificial intelligence (AI) and machine learning (ML)
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crowd funding platforms
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‘telematics-based’ insurance (eg where data is collected to monitor driving), and
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mobile banking
Why is fintech being explored for the debt capital markets?
There are three main reasons why the debt capital markets are
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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Fintech definition
What does Fintech mean?
A wide range of activities in which companies use technology to make financial services, enable financial services or drive technological innovation of financial services. This could be in the areas of banking, insurance, investing and can be in relation to both retail and corporate markets.
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