The platform will allow borrowers to compare interest rates offered by lenders and transfer their loans based on repayment costs.
November 16, 2022The consultation focuses on Big Tech firms’ entry and expansion into four retail sectors - payments, deposit taking, consumer credit and insurance.
October 28, 2022RUSI and Stop Scams UK say policy changes are needed to allow data sharing for the purpose of combatting scams.
October 26, 2022Personal data is being aggregated and exploited, without the resulting benefits being passed on to consumers and businesses generating the data.
May 6, 2022The FSC will apply “same rules for same services” to ensure fair competition between bigtech firms and financial institutions.
January 18, 2022The work plan focuses on measures to maintain financial stability, reduce debt risks, promote financial innovation, and enhance the FSC's rules on network security.
December 29, 2021PBOC governor Yi Gang expressed concerns that some big tech firms have been collecting customer data without consent and misusing the data.
November 5, 2021A purely activity-based approach to regulating big tech is likely to fall short. Central banks need to more closely coordinate with competition and data governance authorities.
August 6, 2021The paper highlights India's Aadhaar programme, which promotes financial inclusion, offers more robust AML/CFT checks, and has led to the creation of several innovative and interoperable digital platforms.
December 19, 2019