Fintech – The Rewards and the Risks
Is Fintech Opening The Financial Markets up to Risk?
The Financial Stability Review (SFR) this year saw the Central Bank Monetary Authority of Singapore (MAS) highlight potential consequences of fintech innovations. Known as a country with lenient regulations and strong support from its government, Singapore has fast become a fintech pioneer. But while these innovations have been flourishing in Singapore, just like it has in other developed and developing countries across the globe, it’s important to consider both the positive and negative aspects of the movement.