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IMF calls for regulatory scrutiny on FinTech’s growth and neobanks’ risk appetite
By Gaia Lamperti
Fast-growing FinTechs pose challenges for both regulators and less technologically advanced banks, whose long-term viability may be under threat with the rise of digital banks, the International Monetary Fund (IMF) said. In a blog post on its website, the IMF noted that while most FinTechs can scale up very rapidly and aggressively, across both riskier […]
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