Fintech Listed as Emerging Risk to Financial Stability in Report
- Some worry that advancements have outpaced regulation
- Cyber threat, geopolitical uncertainty are biggest concerns
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For all its benefits, Fintech is cropping up as a concern because of its potential to disrupt financial stability.
That’s according to a new report from Depository Trust & Clearing Corp., which surveyed people in financial services to get their views on what the biggest risks are to economic security.