The Promise of FinTech - Something New Under the Sun? - speech by Mark Carney

Given at the Deutsche Bundesbank G20 conference on “Digitising finance, financial inclusion and financial literacy”, Wiesbaden.
Published on 25 January 2017

The Governor’s speech, given in his capacity as Financial Stability Board (FSB) Chair, recognises fintech’s huge potential for making the financial system more inclusive, efficient, effective and resilient. He considers the challenge for financial stability policymakers: ensuring that fintech develops in a way that maximises these opportunities and minimises risks for society. The Governor goes on to set out how the FSB is approaching the challenge of managing fintech’s impact on financial stability so that its full potential can be realised.

PDFDownload speech

PDFSpeech slides