In a national and system-wide perspective, as highlighted in the recent survey by the Bank of Italy,1 FinTech technologies are spreading in the Italian financial industry: expenditure on FinTech technologies for 2021-2022 has grown compared with the previous two-year period and – above all – the number of investors and projects has also increased, suggesting a higher rate of adoption of innovative technologies within the financial system.
The sharp easing in the pace of economic expansion in the United States has caused most forecasters to scale back their projections of world economic growth for 2001. Compared with an average projection of just over 4 per cent last fall, we are now looking at something a little over 3 per cent—not spectacular, but still quite respectable.