THEORETICAL FRAMEWORK OF THE INTERACTION BETWEEN FINTECH AND THE BANKING SYSTEM

Tóm tắt

The interactive relationship between banks and Fintech companies is one
of intersecting interests, with a mixture of competition and cooperation. Whether the
relationship is competitive or cooperative will depend on the stage of development as well as
the strengths of each party. This paper summarizes the forms of interaction between Fintech
companies and banks in the financial services market and suggest some policy implications
for creating conditions to promote the development and cooperation of the two owners.