Putting the Fintech House in Order

Without adequate standards in place that are globally coordinated, the rampant growth of fintech may introduce more problems than it solves.

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It seems that the years when fintech was just a developing sector where everyone was competing for a piece of the lucrative pie have long gone. The time has come for this millennial-driven industry to regulate itself and take its place as one more wheel of the financial industry’s vehicle.

At the end of February this year, the International Organization of Securities Commissions (Iosco) will hold a closed-door conference at its headquarters in Madrid to discuss how regulators across the world s

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