As Fintech Comes of Age, Government Seeks an Oversight Role

(The New York Times) – As the world of financial technology has gone from a geeky backwater to the forefront of innovation, regulators are following along by seeking a role in overseeing how the firms operate and determining who may be abusing their services. You know that fintech has come of age when the government comes knocking at the door just like it does with any other bank or broker.