Fintech and Financial Services PDF
By:Mr.Dong He,Mr.Ross B Leckow,Mr.Vikram Haksar,Mr.Tommaso Mancini Griffoli,Nigel Jenkinson,Ms.Mikari Kashima,Tanai Khiaonarong,Ms.Celine Rochon,Hervé Tourpe
Published on 2017-06-19 by International Monetary Fund
A new wave of technological innovations, often called “fintech,” is accelerating change in the financial sector. What impact might fintech have on financial services, and how should regulation respond? This paper sets out an economic framework for thinking through the channels by which fintech might provide solutions that respond to consumer needs for trust, security, privacy, and better services, change the competitive landscape, and affect regulation. It combines a broad discussion of trends across financial services with a focus on cross-border payments and especially the impact of distributed ledger technology. Overall, the paper finds that boundaries among different types of service providers are blurring; barriers to entry are changing; and improvements in cross-border payments are likely. It argues that regulatory authorities need to balance carefully efficiency and stability trade-offs in the face of rapid changes, and ensure that trust is maintained in an evolving financial system. It also highlights the importance of international cooperation.
This Book was ranked at 19 by Google Books for keyword Digital Currencies.
Book ID of Fintech and Financial Services's Books is _LpADwAAQBAJ, Book which was written byMr.Dong He,Mr.Ross B Leckow,Mr.Vikram Haksar,Mr.Tommaso Mancini Griffoli,Nigel Jenkinson,Ms.Mikari Kashima,Tanai Khiaonarong,Ms.Celine Rochon,Hervé Tourpehave ETAG "SjaiHvGA60g"
Book which was published by International Monetary Fund since 2017-06-19 have ISBNs, ISBN 13 Code is 9781484303818 and ISBN 10 Code is 1484303814
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Book which have "49 Pages" is Printed at BOOK under CategoryBusiness and Economics
Book was written in en
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