Tag: technology companies

• Monday, June 10th 2019 - 08:37 UTC

  IMF fears the impact on the financial system of the power of a a few giant technology companies

  

  Giant technology companies might cause significant disruption to the world's financial system, the head of the International Monetary Fund has warned. Christine Lagarde said just a few firms with big data access and artificial intelligence could run the global payment and settlement arrangements.