Opportunities abound, I don’t have to tell you that. FinTech, together with new regulation like PSD2, will drive competition and innovation, and it may trigger the biggest change in how customers interact with their banks since the introduction of the automated teller machine. Andrea Enria just gave some very interesting and lucid thoughts and observations on how this digital future might (or might not!)
4  BIS Review 18/2010  Ladies and gentlemen, Before closing, I would like to say a few words about an important lesson of the recent crisis which can be summarized in the following sentence: “Regulatory reform is a necessary, but not a sufficient condition for a safer financial system”.