FSB: No Systemic Risk from Fintech Now but Counsels Future Vigilance

James Rundle
@JimRundle
27 Jun 2017

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The Financial Stability Board (FSB) released a report into financial stability issues arising from the growth in fintech on June 27, examining fintech applications by sector, and more specific developments, such as distributed-ledger technology (DLT) and robo-advice.

Given a lack of maturity in most fintech models, the report suggests, most developments are too embryonic to pose any sustained threat to financial stability at present, but microfinancial risks could be on the rise.

“Fintech

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