“Overall, while much of the technological progress in finance is evolutionary, its pace is accelerating fast. Fintech’s potential to reach out to over a billion unbanked people around the world, and the changes in the financial system structure that this can induce, can be revolutionary,” the authors wrote in their conclusion. “Governments should follow and carefully support the technological transition in finance. It is important to adjust policies accordingly and stay ahead of the curve.”
“The researchers acknowledge that there will be privacy and policy concerns related to incorporating this kind of soft-data into credit analysis. And they do little to explain how this might work in practice. The paper isn’t long, and it’s worth a read just to wrap your mind around some of the notions of fintech’s future and why everyone seems to want in on the payments game,” Gizmodo wrote.
Big League Politics has reported on how the IMF has pushed policies to cripple and destroy America, including the #MeToo witch hunts that eviscerated due process and liberated women from responsibility:
These internationalists are working hard to implement Big Brother after crushing the masses with COVID hysteria, anti-white pogroms and a vote steal.
No comments:
Post a Comment