Download This PaperFinancial Technology and Challenger Banks in the UK: Gap Fillers or Real Challengers?
Journal of International Banking Law and Regulation (2017), Vol. 32(7), pp. 273-282.
10 Pages Posted: 17 Aug 2017
Date Written: June 1, 2017
Abstract
Discusses how the development of innovative financial technology (Fintech) is giving rise to new "challenger banks" entering the UK market. Examines the business models of two digital challenger banks, Aldermore Bank and Shawbrook Bank, and the mobile-based Atom Bank. Suggests why challenger banks have proved popular with investors. Assesses how they are regulated in the UK and identifies some regulatory concerns.
Keywords: Fintech, Banks, financial regulation, mobile payment
Suggested Citation: Suggested Citation
Lu, Lerong, Financial Technology and Challenger Banks in the UK: Gap Fillers or Real Challengers? (June 1, 2017). Journal of International Banking Law and Regulation (2017), Vol. 32(7), pp. 273-282., Available at SSRN: https://ssrn.com/abstract=2988599
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.