Payment and Settlement Systems Report Annex `FinTech Special Edition -- Financial Innovation and FinTech --`
(WorldNews Japan)

September 21, 2018 Payment and Settlement Systems Department Bank of Japan Summary In recent years, financial innovation, called FinTech which combines financial services with new information technologies, has been attracting global attention. Indeed, FinTech has an extensive impact on financial services. It enables those services to spread to the whole world including emerging and developing economies. This is often called `financial inclusion`. It also facilitates new entries to the financial sector and enhances competition between incumbents and entrants....