Big techs in finance: on the new nexus between data privacy and competition

Big techs in finance: on the new nexus between data privacy and competition

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Big techs in finance: on the new nexus between data privacy and competition

BIS Working Papers | No 970 | 21 October 2021by Frederic Boissay, Torsten Ehlers, Leonardo Gambacorta and Hyun Song ShinPDF full text (1,071kb) | 21 pagesSummaryFocusLarge technology companies such as Alibaba, Amazon, Facebook, Google and Tencent have started to provide financial services. The activities of big techs in finance are a special case of broader fintech innovation.

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