Business

Global Financial Stability Report | April 2022

Global Financial Stability Report | April 2022

Chapter 3: The Rapid Growth of Fintech: Vulnerabilities and Challenges for Financial Stability Fintech can increase efficiency and competition and broaden access to financial services. However, the fast growth of fintech firms into risky business segments—and their inadequate regulation and interconnectedness with the traditional financial system—can have financial stability implications. …

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