Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund, issuing body.
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| ISBN: | 1498325882
9781498325882
9781498325882
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| Notes: | Online resource; title from PDF title page (IMF, viewed September 30, 2020).
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| Summary: | Fintech developments hold the promise of having a far-reaching impact on the Singaporean financial services sector, bringing both opportunities and new risks. Technological innovation is one of the most influential developments affecting the financial sector. While fintech promises opportunities for new entrants and incumbents, innovation and change introduce new risks for clients, financial institutions (FIs) and the system. Early indications suggest that while a significant amount of activity has taken place across the financial services landscape, the impact is largely characterized as helping incumbents deliver financial services in a more efficient manner as opposed to disrupting existing business models. Nonetheless, disruption could be around the corner.
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| Other form: | Print Version: Singapore: Financial Sector Assessment Program-Technical Note-Fintech; Implications for the Regulation and Supervision of the Financial Sector. Washington, D.C. : International Monetary Fund, 2019 9781498325882
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| Standard no.: | 10.5089/9781498325882.002
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