A Review of FinTech Research in the Context of Digital Innovation

Fintech, as an important engine for deepening the structural reform of the financial supply side, is profoundly affecting the overall direction of the international financial industry. The study of fintech regulation is of strong practical significance in accelerating the transformation and upgrading of the international financial industry and coping with the new challenges of fintech development in the context of digital innovation. The article utilizes the literature research method to systematically sort out the research results on fintech in China and some extra-territorial countries, and mainly reviews the five aspects of fintech's development motivation, business model innovation, risk prevention, regulatory challenges, and coping strategies. At present, China and overseas countries have fully realized the importance of fintech innovation and development and have launched research discussions, but the research on fintech regulation is still in its infancy, and the depth and breadth of fintech regulation research still needs to be expanded.