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Big techs in finance: regulatory approaches and policy options

BISness

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Big Techs in Payments Market

Under big techs, we understand large tech companies and they provide a wide range of digital services. They're active in e-commerce, social media and our internet search. In China, you have big techs processing payments equivalent to around 38% of GDP. Financial authorities now increasingly appreciate the fact that big techs can scale up very quickly.

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