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Tag: BigTech

Analysis: The dangers and benefits of the Big Tech / fintech disruption

The entrance of the big technology companies, the Big Tech, to the financial scene can affect the degree of concentration and contestability of financial services, with benefits and potential risks for financial stability. The wonders The emphasis is on companies such as Apple, Google, Facebook, Amazon and Ant Financial, rather…

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Banks are competing with bigtechs more than fintechs

To date, the relationship between traditional financial institutions and fintech companies seems to be more complementary and cooperative than competitive. However, the big technology, bigtechs such as Google, Amazon, Facebook and Apple, which have already begun to venture into financial services in certain jurisdictions, could represent a greater competitive impact.…

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Update for banking startups: There would be more competition in the bigtech than in the fintech

To date, the relationship between traditional financial institutions and fintech companies seems to be more complementary and cooperative than competitive. However, the big technology, bigtech (such as Google, Amazon, Facebook and Apple), which have already begun to venture into financial services in certain jurisdictions, could represent a greater competitive impact.…

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Is Google able to take over fintech? All you need to know about this matter

Technological giants such as Amazon, Google, Facebook and Alibaba have an advantage over traditional financial technology companies (fintech) by having unlimited user information and capital, which allows them to compete strongly, the Financial Stability Board (FSB) said. for its acronym in English). Financial services as part of product range In…

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