For example, many fintech companies lack the kind of long financial history associated with more traditional bank vendors. Perhaps a fintech company has been around for only a few years. On its own, the fact that a bank cannot evaluate more than five years of the company’s financials should not necessarily stop this company from being considered as a partner.
Before responding to the questions, we first need to review the significance of price stability. In this regard, the Bank of Japan has recently announced that it will conduct a comprehensive study on price stability, and today’s speech can be regarded as a prelude to such study. 1. Why is price stability important?