The current VMG had as a goal to address D2, D8 and D10 of the COST Action CA19130 FinAI. D2 – Report on good examples and best practices for a transparent finance industry with guidelines to improve transparency, D8 – Position papers, aimed at regulators and policy-makers, on methodology (with examples of formal criteria) for testing AI techniques in real-time, and D10 – A position paper and roadmap on mitigating risks connected with the increased use of digital assets. All these deliverables were addressed within the final policy paper that I coordinated, entitled FinTech, regulation, and cybercrime: opportunities arising from new technologies. Researchers from seven countries worked together to deal with the deliverables. The research addresses the main issues that derive from the adoption of Financial Technologies (FinTech). We conduct a bibliometric and systematic literature review to assess the theoretical background on the subject matter based on the specialized literature, in a way that elucidates the reasons for the topic’s significance, ultimately revealing the research gap that this study intends to address. We discuss important topics related to FinTech, such as the advantages and risks, the huge need for regulation, the need for financial inclusion, the increased risks given to the financial transactions and how to face these cybercrimes within potential solutions. We also explore how financial companies can use new technologies to create new services and products using the large amount of data they have. We present the implications of our work for policy makers from different levels – microeconomic, macroeconomic, and European level.