Fintechs, short for financial technology companies, are not banks. They are technology firms that use software to deliver specific financial services. Some focus on payments, others on investing, ...
European Central Bank President Christine Lagarde warned against lowering standards in banking regulation, arguing that scrutiny of non-banks must be strengthened instead.
BEIJING (Reuters) - China will pay closer attention to the influence of non-bank financial institutions on financial stability, and the impact of local policy interventions on broader global markets, ...