At the Milan Fintech Summit, Alessandra Perrazzelli highlighted the transformative impact of fintech on the financial system, emphasizing the need for updated regulations to keep pace with rapid technological advancements. Global fintech investments peaked at $229 billion in 2021 but have since declined due to macroeconomic uncertainties and geopolitical risks. The sector’s growth, particularly in payments, has led to enhanced efficiency, security, and customer-centric services.
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