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Brief
Summary:
The Bank of Italy has released the results of its biennial FinTech survey, which covers the entire banking system and 67 non-bank intermediaries. The survey reports a response rate of 96.5% and 97.0% for banks. The main findings include:
Investment dynamics and adoption of technologies
Collaboration networks between intermediaries and IT service providers
Effects of FinTech investments on intermediary organization, business models, and risks
The report also focuses on significant FinTech projects related to open banking and anti-money laundering efforts.
Relevant Information:* This summary provides a brief overview of the Bank of Italy's FinTech survey, highlighting key findings and areas of focus.
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