BOJ's Kuroda warns fintech firms could disrupt banking system
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DAVOS, Switzerland (Reuters) - Japan's central bank chief, Haruhiko Kuroda, said on Thursday that fintech companies could disrupt the banking system of advanced economies in a serious way."We tend to think that these big tech companies are making a disruptive impact on the banking system," Kuroda told the World Economic Forum, noting that many countries were trying to change financial regulation in response.He said big tech companies tended to specialise in payments and settlement rather than..