An EBA report outlines risks and opportunities
Innovations such as blockchain technology, crowdfunding and peer-to-peer lending pose novel risks and benefits to the financial system, suggests a new report published Thursday by the Financial Stability Board (FSB), an international body that monitors and makes recommendations about the global financial system. The report from the Basel, Switzerland-based organization examines the implications of decentralizing […]
The deal is valued at approximately US$300 million
Concerns could be quelled through additional security measures
Ratings improved for regulators' support of innovation, but there's more work to be done
In spite of strong growth, the sector still trails other financial centres in terms of the volume and value of investments
Policymakers should act swiftly before a "wholesale disruption" of the industry, the report warns
BigTech firms could achieve scale very quickly in financial services, says a new report
Canada saw a record 119 deals last year
While digital technology lends itself well to financial planning, the financial services industry faces challenges in keeping up with the rapid pace of change