Staying on top of technological change is a growing challenge for central banks, which has led many to establish dedicated fintech units. The Fintech Benchmarks 2024 model banks analysis explores how central banks structure their fintech teams and how they are applying financial technology in their own work.
Some themes stand out. Fintech teams tend to be small at most central banks, though larger institutions are more likely to have a dedicated fintech team. Where there is no dedicated team
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