“Nearly 20 years ago, the launch of online payments giant PayPal shook the financial services industry. Now, a new generation of financial technology or “fintech” companies is once again breaking down the oversized doors of the conservative banking business…”
Regulations
Singapore Financial Regulator Launches Fintech Group
The central bank has formed a new work group to develop strategies and formulate regulation around the use of new technologies in financial services.. Read more at straitstimes.com.