Welcome Address at the 2nd Asia Finance Forum (Day 2) Read more about Welcome Address at the 2nd Asia Finance Forum (Day 2) Welcome address
Opportunities for FinTech in Asia Read more about Opportunities for FinTech in Asia This presentation stresses the need for more inclusive digital payment systems and digital financial systems, especially since over 1.6 billion people now comprise the formal economy.
Welcome Remarks during the 2nd Asia Finance Forum Read more about Welcome Remarks during the 2nd Asia Finance Forum ADB's Vice-President for Knowledge Management & Sustainable Development Bambang Susantono opened the 2nd Asia FInance Forum by sharing how Fintech is now shaping the digital economy. It is now revolutionizing trade finance, and providing more opportunties for markets while supporting social developing goals. In response to these sweeping changes, ADB's new strategy up to 2030 fosters responsible and inclusive digital finance services while supporting financial sector development through innovation and an enabling environment.
Conference Report - Financial Inclusion in the Digital Economy Read more about Conference Report - Financial Inclusion in the Digital Economy Experts in this report shares insights about what works and what does not in the digital ecosystem for expanding innovative financial inclusion solutions to meet development objectives. This document also discusses the role of multilateral development banks in supporting the development of digital finance by providing policy advice and financing.
Perspectives on Consumer Protection and Emerging Risks in Digital Finance Read more about Perspectives on Consumer Protection and Emerging Risks in Digital Finance This presentation examines the state of financial consumer protection and the potential risks and costs of emerging and innovative banking services. It discusses the initiatives of the Hong Kong Monetary Authority and the banking institutions in Hong Kong to strengthen consumer protection and enhance customers’ confidence in the banking industry.
Closing Remarks - Financial Inclusion in the Digital Economy Read more about Closing Remarks - Financial Inclusion in the Digital Economy In his closing remarks at this conference, Asian Development Bank (ADB)’s Diwakar Gupta stressed that (i) public private partnerships are vital for digital financial services to reduce costs to government; (ii) development in digital finance can expand financial services for the poor and build financial security; and (iii) ADB must find its niche as an enabler, targeting financial technology developmental players.
Welcome Address - Financial Inclusion in the Digital Economy Read more about Welcome Address - Financial Inclusion in the Digital Economy Asian Development Bank’s Bambang Susantono in his welcome address at this conference highlighted how (i) a sharing economy gathers individuals, companies, governments, and policy makers to share information and resources, creating a network effect and impact that increases access and value for all involved; (ii) digital finance is changing the value proposition for customers and institutions, from microfinance to remittances to government to person payments; and (iii) digital technologies and big data now allow financial service providers to more effectively serve the financially excluded.
Catalysts for Financial Inclusion: Remittance and Digital Finance Read more about Catalysts for Financial Inclusion: Remittance and Digital Finance An animated, fact driven discussion on remittances was held in one of this event’s breakout sessions. Asian Development Bank Senior Investment Specialist Sabine Spohn hosted the panel that featured KlickEx Executive Chairman Robert Bell, DMA Asia Pacific Director Jonathan Capal, and Commission on Filipinos Overseas Chairperson Imelda Nicolas.
Financial Inclusion in the Digital Economy Read more about Financial Inclusion in the Digital Economy This learning event, organized by Asian Development Bank (ADB) in collaboration with the Consultative Group to Assist the Poor and ADB Institute, aimed to bring together policy makers, financial sector supervisors and regulators, financial institutions, financial technology companies, academia, as well as financial sector experts to discuss opportunities and challenges in digital finance. Another objective of the event discussions was to identify how multilateral development banks such as ADB can support in this development by financing digital technology and transformation projects.