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Event Date |
Tue Mar 30 +08 - Thu Apr 1 +08 (over 3 years ago)
In your timezone (EST): Tue Mar 30 4:00am - Thu Apr 1 7:00am |
Location | Online |
Region | APAC |
The increased use of financial technology (fintech) during the COVID-19 pandemic has provided households in Asia and the Pacific with more efficient and shock-resilient financial services access, and also helped the region’s micro, small, and medium-sized enterprises (MSMEs) remain economically viable by offering faster and cheaper financial services than traditional banking. Yet, relatively little is known about COVID-19’s impact on fintech-adopting firms’ business models and practices, as well as the risks fintech’s rapid acceleration poses to financial stability.
This ADBI-Asian Development Bank-Cambridge Centre for Alternative Finance, University of Cambridge Judge Business School virtual conference will feature new research on fintech’s role in sustaining vulnerable groups such as poor households and MSMEs during the COVID-19 crisis. This includes fintech-driven digital financial inclusion, inequality reduction, and balanced and sustainable economic growth. The conference will also spotlight the factors underpinning fintech providers’ pandemic era growth and resilience, and the wider financial stability risks fintech expansion can create.
Objectives:
• Explore fintech’s impacts on households and MSMEs during the COVID-19 pandemic
• Examine the channels through which fintech affects the economy
• Assess the drivers of fintech activity and related financial stability risks
Participants
Policy makers and researchers from think tanks, universities, and other institutions
Output:
• Enhanced understanding of fintech’s role in sustaining vulnerable households and MSMEs amid the COVID-19 pandemic
• Greater impetus for related policy research, dialogue, and collaboration
• Presentation slides to be made available on the ADBI website
• Papers featured during the conference will be considered for publication as ADBI working papers and inclusion in an edited book
2021 Partners
• Asian Development Bank
• Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School