Fintech and Regtech: Enabling Innovation While Preserving Financial Stability

Enabling Proximity Detection While Preserving Location Privacy

S E P T E M B E R / O C T O B E R 2 0 1 5 InsideGNSS 67 Ubiquitous locat ion-aware mobile devices, mainly GPSenabled smartphones, have led to a boom in location-based services (LBS), which have been revolutionizing businesses and lifestyles. Common uses of LBSs include asset tracking, locationbased advertising, emergency roadside service, turn-by-turn navigation, and real-time traffic & road in...

Innovation in Payments: The Future is Fintech

The FinTech phenomenon: antecedents of financial innovation perceived by the popular press

The financial industry has been strongly influenced by digitalization in the past few years reflected by the emergence of “FinTech,” which represents the marriage of “finance” and “information technology.” FinTech provides opportunities for the creation of new services and business models and poses challenges to traditional financial service providers. Therefore, FinTech has become a subject of...

FinTech: A more competitive and innovative European financial sector

Financial Innovation and the Stability of Money Demand in Korea

The existence of a stable demand function for M2 in Korea is important for the conduct of monetary policy and financial analysis. However, despite much research into the subject, results thus far yield no conclusion as to whether M2 demand is in fact stable. Previous studies, however, have failed to adequately control for financial innovation. When adding a proxy for such innovation to the coin...