This report presents the results of the fourth FinTech survey conducted by the Bank of Italy during 2023.
The two-year survey involved the entire banking system and 67 non-bank intermediaries; the latter were selected based on their size and business model.
The participation rate was 96.5 per cent overall.
The first part of the report highlights the investments, technologies, and collaborative partnerships between intermediaries and IT companies.
The second part examines the effects of these investments on the governance of intermediaries, on business models and on risks.
The third and fourth sections focus on FinTech projects related both to open banking and to the fight against money laundering.
