Which of the Following Is False About FinTech Firms

Which of the following is false about FinTech firms?

A) FinTech firms have the potential for allowing for instantaneous settlement for payments improving record keeping and revolutionizing domestic and foreign payments.
B) FinTech firms offer a transformation via peer to peer (P2P) lending as a form of disintermediation by matching savers with investments including equity crowdfunding, invoice trading, P2P consumer and business lending, among others.
C) Opportunities for malfeasance can occur as part of the nature of financial intermediation with transactions resting on cash flows promised in an uncertain future.
D) Advantages for borrowers and investors with P2P lending and other FinTech platforms could be a greater availability of funds with fewer regulations and capital requirements and low overhead that could allow for better rates.
E) Traditional financial institutions are not concerned about the competition from FinTech firms.