Fintech creating data gaps, BIS survey finds

- Central Banking Newsdesk
- 28 Feb 2020

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Central banks need to take action to close data gaps created by the rapid growth of fintech firms, a new survey published by the Bank for International Settlements finds.

The majority of respondents to the survey, carried out by the Irving Fisher Committee (IFC), said there were fintech firms in their jurisdiction, with the most prevalent kind being payment firms. Fintech credit providers appeared in about 50% of respondents’ jurisdictions, of which 40% reported the presence of “neobanks”, or

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com