Local authorities are expected to clamp down on peer-to-peer (P2P) lending to reduce risks in a sector that is growing in influence within the country’s financial sector.
Striking a balance between innovation and regulation has risen to the forefront in China, where growth and the need for liquidity have heightened systemic risk.
Today: Study shows growing cyber threats for corporates; Readying for a new-look banking landscape in 2021; and India nearing new digital payment network.