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Traditional Banks Unlikely to Fall Victim to Fintech Revolution in APAC

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Traditional Banks Unlikely to Fall Victim to Fintech Revolution in APAC Wednesday, 13 September 2017 () Consumer Protection Paramount as Regulators Mull how to Foster Innovation while Regulating Digital Disruption: Whitepaper ATLANTA, HONG KONG and SHANGHAI, Sept. 13, 2017 /PRNewswire/ -- The emergence of Asia-Pacific as a global leader in fintech (financial technology) can be linked to banks restricting lending during the 2008 financial crisis, however conventional banks are unlikely to fall victim to tech interlopers, according to a new whitepaper from LexisNexis Risk Solutions. *Chris Foye, Manager, Financial Crime Compliance, LexisNexis Risk Solutions*, said: "When the 2008 financial crisis hit and ...

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