Aptisi Transactions on Management
Vol 8 No 3 (2024): ATM (APTISI Transactions on Management: September)

Addressing Regulatory Risks in Fintech through Decentralized Technologies

Fahrudin, Rifqi (Unknown)
Dwi Yulian, Firdaus (Unknown)
Yadi Fauzi, Ahmad (Unknown)
Wilson, Ashley (Unknown)
Kuusk, Taavi (Unknown)



Article Info

Publish Date
30 Sep 2024

Abstract

The fintech industry, characterized by rapid innovation and disruption of traditional financial services, faces significant regulatory challenges that can hinder its growth and sustainability. Managing these regulatory risks is crucial to ensuring compliance and maintaining trust within the industry. Decentralized technologies, particularly blockchain, have emerged as potential solutions for enhancing regulatory compliance through increased transparency, security, and automation. This study aims to analyze the role of decentralized technologies in addressing regulatory risks in the fintech sector. Utilizing the SmartPLS method for data analysis, the research examines the relationships between decentralized technology adoption, compliance automation, and regulatory risk mitigation. The findings reveal that decentralized technologies significantly reduce regulatory risks by automating compliance processes and enhancing transparency. These insights offer valuable implications for fintech companies and regulators, suggesting that the integration of decentralized technologies can be a strategic approach to managing regulatory challenges in the industry.

Copyrights © 2024






Journal Info

Abbrev

ATM

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management

Description

Aptisi Transactions on Management (ATM) adalah jurnal ilmiah yang diterbitkan oleh APTISI (Asosiasi Perguruan Tinggi Swasta Indonesia), guna memfasilitasi hasil jurnal ilmiah Civitas Akademika dalam bidang teknologi informasi, komunikasi, dan manajemen dalam menghadapi era digital di Indonesia. ATM ...