The Institute of Chartered Accountants in England and Wales and the Institute of Singapore Chartered Accountants have been looking at Fintech to understand what underpins innovation. Kirstin Gillon, Technical Manager, IT Faculty at ICAEW, discusses the latest research and highlights five key elements that underpin success: talent, capital, customers, regulation and government support. While the key elements are common in both London and Singapore, Kirsten describes differences between the two and how regulators tailor their specific interventions to meet these local needs.