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| Source: Federal Reserve Bank of San Francisco 03-08-2017 09:45:02 |  Communications technologies like smartphones, cloud computing, and machine learning are giving rise to new ways of delivering financial services. While San Francisco Fed headquarters sits a few miles away from the world’s leading technology hub in Silicon Valley, many of the most innovative developments in financial technology (fintech) are happening in Asia. The latest edition of Asia Focus from the SF Fed’s Country Analysis Unit explores the following five fintech trends shaping finance, banking, and banking regulation in Asia.
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