US Bank Regulator Warns of Crisis Risk From Fintech Proliferation (Slashdot)

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US Bank Regulator Warns of Crisis Risk From Fintech Proliferation – The rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term, Michael Hsu, Acting Comptroller of the Currency, a major U.S. bank regulator, warned on Wednesday. From a report: I believe fintechs and big techs are having a large impact and …

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