Financial Technology and Challenger Banks in the UK: Gap Fillers or Real Challengers?

Lerong Lu

Research output: Contribution to journalArticle (Academic Journal)peer-review

4 Downloads (Pure)

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.
Original languageEnglish
Pages (from-to)273-282
Number of pages10
JournalJournal of International Banking Law and Regulation
Volume32
Issue number7
Publication statusPublished - 1 Jul 2017

Keywords

  • Fintech
  • Banks
  • financial regulation
  • mobile payment
  • challenger bank

Fingerprint Dive into the research topics of 'Financial Technology and Challenger Banks in the UK: Gap Fillers or Real Challengers?'. Together they form a unique fingerprint.

Cite this