The IMF has published a Policy Paper, reviewing FinTech developments and considering their implications within the mandates of the IMF and the World Bank. The Paper takes stock of national FinTech experiences and identifies key FinTech-related issues that merit further attention by the membership and international bodies. It draws upon (a) discussions with national authorities raised in the context of IMF surveillance and World Bank country work; (b) the findings of a survey of the membership on their approach to the BFA; and (c) deeper exploration on selected FinTech topics by staff.

The paper finds that while there are important regional and national differences, countries are broadly embracing the opportunities of FinTech to boost economic growth and inclusion, while balancing risks to stability and integrity.

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