Fintech and the Future of Finance: Market and Policy Implications

The financial services industry is undergoing a profound transformation: rapid technological innovation is ushering in a new era of rapid changes to financial products, business models, markets, and even money. How can the industry and policymakers foster responsible innovation to improve financial inclusion and efficiency, while mitigating new risks? A recent World Bank report, Fintech and the Future of Finance, explores the dramatic changes in financial services provision and underscores the need for policymakers and financial regulators to adapt as fintech adoption matures and policy tradeoffs evolve. This event will bring together a high-level panel of private and public sector representatives to share their perspectives on industry developments, regulatory responses, the impact to date, and the challenges and opportunities ahead. Learn more:

– Mari E. Pangestu, Managing Director, Development Policy and Partnerships, World Bank
– Makhtar Diop, Managing Director, IFC
– Jean Pesme, Global Director of Finance, Equitable Growth, Finance and Institutions Vice Presidency, World Bank
– Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India
– Koba Gvenetadze, Governor of the National Bank of Georgia
– Sheila M’Mbijjewe, Deputy Governor Central Bank of Kenya
– Jerry Ng, President Commissioner Jago, Indonesia
– Monica Brand Engel, Co-Founder and Managing Partner Quona

00:00 Welcome
02:38 Remarks by Makhtar Diop, Managing Director, IFC
12:51 Remarks by Mari E. Pangestu, Managing Director, World Bank
17:54 Panel discussion
1:00:12 Closing remarks

ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.