{"id":11116,"date":"2018-03-15T16:41:36","date_gmt":"2018-03-15T16:41:36","guid":{"rendered":"http:\/\/progresomicrofinanzas.org\/?p=11116\/"},"modified":"2018-03-21T09:56:57","modified_gmt":"2018-03-21T09:56:57","slug":"sound-practices-implications-of-fintech-developments-for-banks-and-bank-supervisors","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/sound-practices-implications-of-fintech-developments-for-banks-and-bank-supervisors\/","title":{"rendered":"Sound Practices: implications of fintech developments for banks and bank supervisors"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-right\"><a href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/wp-json\/wp\/v2\/posts\/11116?print=pdf\" class=\"pdfprnt-button pdfprnt-button-pdf\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/wp-content\/plugins\/pdf-print\/images\/pdf.png\" alt=\"image_pdf\" title=\"View PDF\" \/><\/a><a href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/en\/wp-json\/wp\/v2\/posts\/11116?print=print\" class=\"pdfprnt-button pdfprnt-button-print\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/revistaprogreso\/wp-content\/plugins\/pdf-print\/images\/print.png\" alt=\"image_print\" title=\"Print Content\" \/><\/a><\/div><p><span style=\"font-weight: 400;\">The Basel Committee on Banking Supervision published this report in February, analyzing the implications of the fintech era for banking institutions and supervisors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It built on research conducted by the committee on the fintech industry, a number of sector papers, as well as the replies to the surveys on activities carried out by member of the committee in the field.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The point of departure is a description of the various fintech developments and scenarios in recent years. First off, it defines the scope of the fintech offering, its main products and services, areas where it has an impact and the size of the industry, comparing it with other periods of innovation and disruption throughout history.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It goes on to focus on the risks and opportunities for banks and supervisors, and finally on the implications for both of using new technology developments.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Basel Committee on Banking Supervision published this report in February, analyzing the implications of the fintech era for banking institutions and supervisors. It built on research conducted by the committee on the fintech industry, a number of sector papers, as well as the replies to the surveys on activities carried out by member of [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":11114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"class_list":["post-11116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","numero-14-en","seccion-documents-of-interest-corporate-governance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sound Practices: implications of fintech developments for banks and bank supervisors<\/title>\n<meta name=\"description\" content=\"Sound Practices: implications of fintech developments for banks and bank supervisors\" \/>\n<meta name=\"robots\" content=\"index, follow, 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