Tag: tech
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Competition between Big Tech and banks for borrowers can boost privacy – BIS
Competition between Big Tech and banks for borrowers can boost privacy – BIS Competition between Big Tech and banks in attracting borrowers can lead to greater privacy but could also result in more defaults and reduced investment, according to research from the BIS. Big tech in finance: opportunities and risks BIS Economic Adviser and Head […]
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Big Tech and fintechs extend grip on financial services – FSB
Big Tech and fintechs extend grip on financial services – FSB The Financial Stability Board says that the Covid pandemic has enabled Big Tech firms like Google, Amazon and Apple and fintechs to widen their footprint in financial services, with significant implications for incumbents and consumers. Big tech in finance: opportunities and risks BIS Economic […]