The main purpose of financial regulation is still to ensure financial stability by avoiding risks to a stable and trustworthy financial sector. In the case of both Fintechs and banks, new risks stemming from intelligent technologies cannot be ruled out.
Big data is a good example: on the one hand, it may definitely prove helpful in terms of keeping a proper and timely overview of risks and processes in a complex banking world. But big data technologies may also give rise to whole new categories of risk.