Currently, dynamics in the FinTech sector are not being adequately captured by the financial sector statistics. [11] Better coverage of FinTech requires close cooperation of national statistical institutes and central banks in coordinated data collection efforts. This is one of the key results of the IFC membership survey.
There is a large variety of data collected by central banks, but the collection process is not harmonized at the international level. Therefore, a systematic exchange of experience and data is needed to make further progress in statistical recording of FinTech activity and providers of digital financial services more generally. But there are also good news. The NACE classification is about to be revised.