Items tagged with "Big Tech"

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Portrait of bearded young businessman wearing dark suit holding clipboard and looking at it standing near concrete wall with colorful big data sketch on it.

How Will Big Tech Impact Regulation?

A speech given last week by Denis Beau, First Deputy Governor of the Bank of France, examines the risks and challenges to regulation posed by the explosion of Big Tech and Fintech firms. In the past decade there has been a structural shift stemming from the digitisation of finance, utilising cutting-edge technologies like big data, […]

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Big Tech and Finance Pose Regulatory Challenges

In recent years big tech firms have grown increasingly active in the financial industry. Starting out with payments, then expanding into credit,  now insurance and wealth management. Augustin Carstens, general manager at the Bank for international Settlements (BIS) spelt out some concerns in a speech at the FT Banking Summit in December, asking “Is the expansion […]

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