Fintech firms cannot be allowed to play unsupervised
By Karen Petrou
Companies that promise to use technology to deliver better consumer finance have been welcomed with open arms. Regulators from Singapore to the US have opened “sandboxes” that allowed these fintech companies to develop new products without having to provide the safeguards long considered essential to protect customers from discrimination or deceit and to maintain financial stability.
https://www.ft.com/content/9abcd120-311d-11e9-80d2-7b637a9e1ba1
