The Financial Stability Board's Global Monitoring Report on Non-Bank Financial Intermediation 2018 shows only 25% of the responding jurisdictions adopted “either a formal or informal definition of fintech credit.” Further, just one of three respondents indicated having regulations specifically for credit entities.
Read the full article from Business Insider.
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Survey: It’s Unclear Exactly What 'FinTech Credit' Means
It’s not entirely clear what constitutes “fintech credit,” according to a new survey. So reports Business Insider.
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