Financial literacy and responsible finance in the FinTech era: capabilities and challenges

Panos, G. A. and Wilson, J. O.S. (2020) Financial literacy and responsible finance in the FinTech era: capabilities and challenges. European Journal of Finance, 26(4-5), pp. 297-301. (doi: 10.1080/1351847X.2020.1717569)

Abstract

A growing body of evidence suggests that financial literacy plays an important role in financial well-being, and that differences in financial knowledge acquired early in life can explain a significant part of financial and more general well-being in adult life. Financial technology (FinTech) is revolutionising the financial services industry at an unrivalled pace. Views differ regarding the likely impact that FinTech is likely to have on personal financial planning, well-being and societal welfare. In an era of mounting student debt, increased (digital) financial inclusion, and threats arising from instances of (online) financial fraud, financial education and enlightened financial advising appropriate policy interventions that enhance financial and overall well-being. This special issue engages in this important academic and policy agenda by presenting a set of seven new papers emanating from four parallel streams of literature related to financial literacy and responsible finance.

• Item Type: Articles (Editorial)
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Panos, Professor Georgios
• Authors: Panos, G. A., and Wilson, J. O.S.
• College/School: College of Social Sciences > Adam Smith Business School > Accounting and Finance
• Journal Name: European Journal of Finance
• Publisher: Taylor & Francis
• ISSN: 1351-847X
• ISSN (Online): 1466-4364
• Published Online: 09 February 2020
• Copyright Holders: Copyright © 2020 Informa UK Limited, trading as Taylor & Francis Group
• First Published: First published in European Journal of Finance 26(4-5):297-301
• Publisher Policy: Reproduced in accordance with the copyright policy of the publisher

Project Code	Award No	Project Name	Principal Investigator	Funder's Name	Funder Ref	Lead Dept
172277		PROFIT	Georgios Panos	European Commission (EC)	687895	BS - Accounting & Finance