FSB: Fintech and market structure in the Covid-19 pandemic

The report discusses some of the drivers, both in supply and demand, that may have accelerated digitalisation in certain sectors more than others, benefits from accelerated digitalisation of financial services during the pandemic, and whether these may be structural or revert back to pre-pandemic levels once conditions normalise. The report also considers the financial stability implications of this accelerated trend towards digitalisation and provides an overview of regulatory changes that may have an impact on market structure in some jurisdictions.