What Role for Fintech in Driving Financial Inclusion In The Developing World? 2021 | Global Government Forum | 7 October 2021 | Webinar
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date | Thu Oct 7 EDT (about 3 years ago) |
| Location | Webinar |
| Region | Americas |
Details
Governments in the developing world are increasingly turning to fintech solutions to help improve levels of financial inclusion. Goals range from reaching the ‘unbanked’ to achieving gender equality in financial services. Fintech solutions include encouraging the use of smart-phones for mobile payments, including the distribution of government payments, and digitising transactions more broadly. But there are many challenges, ranging from ensuring sufficient scale and reach; infrastructure challenges with mobile reception in rural areas; cultural challenges relating to lack of trust in certain institutions; through to technical or regulatory questions relating to areas such as interoperability and data privacy. How effective are fintech solutions at helping with financial inclusion? What obstacles and challenges do they face? And what can governments do to help to ensure that innovations meet the needs and expectations of citizens – and are simple, secure and affordable?
Speakers
2021 Panelists
Siobhan Benita
Former UK senior civil servant
Ana Maria Prieto
Deputy Director, Ministry of Finance, Unit of Financial Regulations, Colombia
Jayanthy Venkatramu
Managing Director & CEO, India Post Payment Bank
Farid Osmanov
Director General of the Central Bank of Azerbaijan
Darren Ware
Vice President, Government Engagement, Latin America and Caribbean, Mastercard