The End of the Beginning of Non-bank Finance?

Facebook has announced it is asking for regulatory approval to run its own money transfer service, joining the likes of Google in challenging the banks over the supply of consumer finance services. Simon Deane-Johns assesses the impact of these developments on the dominance of banks within the financial sector. This article first appeared in the May issue of E-Finance & Payments Law & Policy: www.e-comlaw.com/efplp…

Read More… from The End of the Beginning of Non-bank Finance?