RISE OF FINTECH: LEGAL CHALLENGES AND OPPORTUNITIES

AUTHOR – DHARANI.S* & MR.SUGITH KUMAR**

* STUDENT AT THE TAMILNADU DR.AMBEDKAR LAW UNIVERSITY

** LAW FACULTY AT THE TAMILNADU DR.AMBEDKAR LAW UNIVERSITY

BEST CITATION – DHARANI.S & MR.SUGITH KUMAR, RISE OF FINTECH: LEGAL CHALLENGES AND OPPORTUNITIES, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (13) OF 2025, PG. 670-677, APIS – 3920 – 0001 & ISSN – 2583-2344

ABSTRACT

Fintech has significantly impacted the financial services industry in the last decade. Fintech has revolutionized payments, credit, investing, asset protection, and financial management, making solutions more efficient and accessible.This surge in transformation has been propelled by a mix of technological and social shiftsincluding widespread mobile internet access, the scalability of cloud computing, Advancements in AI, big data analytics, blockchain technology, and customer expectations are driving changes. A growing willingness among regulators to support innovation has also played a key role.Yet, these advancements bring with them a set of complex challenges. Regulatory and legal systems often struggle to keep pace with technological innovation. As a result, Fintech companies must operate within a shifting and often uncertain framework of laws, compliance standards, and policy expectations.Despite this, regulation is not solely a hurdle. For firms that can adapt strategically, it can offer a competitive advantage. Moreover, well-designed legal structures can help maximize the positive impacts of Fintechsuch as increasing access to financial services, fostering economic development, and enhancing consumer protection. Businesses and policymakers can design a more inclusive and resilient financial future.

KEYWORDS: Fintech, Innovation, Challenges, Regulations, Opportunities.