IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial services

The International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks to financial stability, particularly in emerging market and developing economies, and called on regulators to strengthen oversight as these firms expand into payments, lending, insurance, asset management and financial SuperApps.

Raccontata daeconomictimes.indiatimes.com