Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)

<Previous Article In Volume
Next Article In Volume>

The Application and Risk Management of Fintech in Financial Services

Authors
Ni Chen1, *
1HKU Business School, The University of Hong Kong, Hong Kong, 999077, China
*Corresponding author. Email: u3626780@connect.hku.hk
Corresponding Author
Ni Chen
Available Online 3 July 2025.
DOI
10.2991/978-94-6463-748-9_111How to use a DOI?
Keywords
Financial Technology; Financial Stability; Risk Management
Abstract

This paper explores transformative role of fintech in financial services, focusing on its applications and the risk management challenges it presents. It traces evolution of fintech from economic globalization, highlighting innovations such as crowdfunding, P2P lending, and mobile banking, which enhance financial inclusion and open new capital access avenues for SMEs. The essay also examines the role of regulatory bodies like the Financial Stability Board (FSB) in balancing innovation and systemic risk mitigation. The potential of blockchain to revolutionize data storage and its influence on cryptocurrencies like Bitcoin and NFTs is discussed, along with the rise of robo-advisors that use AI to offer affordable, personalized investment strategies. The analysis also covers the convenience, security, and efficiency of online payment systems such as Alipay, PayPal, and Apple Pay, while addressing inefficiencies and regulatory gaps in P2P lending. The essay underscores the need to balance innovation with financial stability, with significant implications for institutions and regulators. As fintech continues to integrate with advanced technologies, it promises more accessible and secure financial services. However, proactive regulatory frameworks are essential to managing emerging risks and ensuring equitable benefits across sectors.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 July 2025
ISBN
978-94-6463-748-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-748-9_111How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ni Chen
PY  - 2025
DA  - 2025/07/03
TI  - The Application and Risk Management of Fintech in Financial Services
BT  - Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
PB  - Atlantis Press
SP  - 1025
EP  - 1035
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-748-9_111
DO  - 10.2991/978-94-6463-748-9_111
ID  - Chen2025
ER  -