TY - JOUR 
A1 - Castejón Teruel, Alejandro
T1 - El auge de FinTech en los mercados financieros globales.

Y1 - 2018
UR - http://hdl.handle.net/10317/7287
AB - When
I
chose
the
su
bject
matter
of
this
work,
the
FinTech,
I
asked
some
people
if
they
know
the
meaning
of
this
word.
Most
of
them,
not
knowing
exactly
what
the
term
impl
ies
,
are
everyday
users
of
it,
without
even
realizing
it.
According
to
the
National
Digital
Research
Cent
re
in
Dublin,
FinTech
or
Financial
Technology
is
“
innovation
in
financial
services
”.
N
evertheless,
"the
term
has
started
to
be
used
for
b
roader
applicatio
ns
of
technology
in
the
space,
to
front
-
end
consumer
products,
to
new
entrants
competing
with
existing
players,
and
even
to
new
paradigms
such
as
Bitcoin"
1
.
Lee
(2017)
points
out
that
FinTech
companies
use
technology
to
shake
up
incumbent
financial
systems.
A
rtificial
intelligence
in
banking
,
peer
-
to
-
peer
(P2P)
lending,
B
ig
D
ata,
blockchain,
crowdfunding,
digital
payments
and
Robo
advisors,
are
some
examples
of
FinTech
services.
A
n
example
is
W
eChat
app
,
a
tool
to
transfer
money,
which
no
t
only
allows
to
buy
insurance
products
or
invest
in
funds
directly
from
your
smartphone
,
but
also
book
your
next
doctor
appointment,
call
a
taxi,
donate
to
charity,
and
even
find
a
date
without
ever
leaving
the
app
(Arslanian,
2017). hanks
to
FinTech
,
problems
that
traditional
banks
present
such
as
have
a
certain
amount
of
seniority
in
the
bank,
go
to
the
office,
fill
out
all
the
forms,
provide
endless
documentation
and
wait
even
several
weeks
for
the
approval
,
could
disappear
.
Further,
a
great
advanta
ge
is
that
you
can
get
loans
without
commissions
.
Now
adays
,
banks
have
found
a
great
competitor
,
and
they
have
increased
their
efforts
,
offering
the
possibility
of
requesting
personal
loans
through
the
Interne
t
and
with
hardly
any
paperwork
.
T
hey
are
trying
to
compete
with
the
FinTechs.
Based
into
the
EY
Fintech
Adoption
Index
(2017)
,
FinTech
enterprises
are
gaining
adoption
,
reaching
levels
that
can
influence
industry
standards
and
consumer
expectations.
FinTech
adoption
rate
is
defined
as
the
percentage
of
the
digitally
active
population
using
certain
FinTech
services.
As
Figure
1
shows,
Spain
is
currently
situated in
the
six
th
place
in
terms
FinTech
adoption.
It
is
an
amazing
feature
since
it
means
is
the
first
country
in
the
euro
area
in
terms
of
adoption
of
Financial
Technology.
KW - Economía Aplicada
KW - Mercado financiero
KW - Financial markets
KW - Relaciones económicas internacionales
KW - International economic relations
KW - Instituciones financieras
KW - Financial institutions
KW - 5304.06 Dinero y Operaciones Bancarias
LA - eng
ER -