Here is the Speech by Bank of England Governor on the Promise of Fintech

A Revolution in FinanceMark Carney, the Governor of the Bank of England, delivered a speech today at the Lord Mayor’s Banquet for Bankers and Merchants of the City of London, entitled “Enabling the FinTech transformation: Revolution, Restoration, or Reformation?”

Noting that “transparency is the hallmark of modern central banking and democratic accountability,” Carney wants the Bank of England to help enable a “sustainable Fintech reformation.”

Carney stated;

“With time, FinTech could mean a more open, more transparent, and more democratic global financial system.”

The speech is embedded below.

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