Figure 1
FinTech tree: a taxonomy of the FinTech components
(Source:BIS, 2020, p.7)
Figure 2
Financial services in Big tech portfolio (Source:BIS, 2019, p.56)
Figure 3
Stock market capitalization of Big tech versus major financial groups (Source:FSB, 2019, p.4)
Figure 4
Traditional IT compared to cloud computing (Source:US Department of Treasury, 2018, p.46)
Figure 5
Interactions between AI, machine learning, and Big Data analytics (Source:Kabza, 2020)
Figure 6
Frequency of cybersecurity incidents in finance (number of events)
(Source:IMF, 2020, p.15)
Note:1Number of cybersecurity incidents from international data collected by Advisen and approximately transcribed from the Bank of Canada's 2019 Financial System Review.
Figure 7
Cyber risk and systemic risk (Source:IMF, 2020, p.9)