https://www.taxtmi.com/news?id=26804 FinTech regulation should balance facilitation and oversight: the regulator fosters innovation via sandboxes, public tech platforms and institutional initiatives while simultaneously imposing guardrails to protect financial stability, consumer rights, data privacy and market integrity. Collaboration between fintechs and banks-where fintechs supply agility and customer-facing innovation and banks supply balance-sheet strength and risk management-should be enabled, complemented by industry self-regulation to set conduct, cybersecurity and dispute resolution norms. en-us Wed, 06 Sep 2023 10:07:34 +0530 Wed, 06 Sep 2023 10:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26804 FinTech regulation should balance facilitation and oversight: the regulator fosters innovation via sandboxes, public tech platforms and institutional initiatives while simultaneously imposing guardrails to protect financial stability, consumer rights, data privacy and market integrity. Collaboration between fintechs and banks-where fintechs supply agility and customer-facing innovation and banks supply balance-sheet strength and risk management-should be enabled, complemented by industry self-regulation to set conduct, cybersecurity and dispute resolution norms. News - Wed, 06 Sep 2023 10:07:34 +0530 https://www.taxtmi.com/news?id=26804