New Zealand: Reserve Bank Issues Report on Fintech Developments in Banking, Insurance and Financial Market Infrastructures

On November 19, 2018, the Reserve Bank of New Zealand (RBNZ) published a report on fintech developments in banking, insurance and financial market infrastructures (FMIs). The report provides a summary of recent fintech developments, exploring their impact on financial services and the RBNZ and assessing risks to financial sector stability.

According to the report, technologies referred to as fintech are divided into the following broad categories:

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