Capital Market and Fintech

How does the financial service industry cope with the ever-changing needs and demands of its clients? Learn how fintech has benefited consumers and service providers, and discover the steps that should be taken to enhance convenience for the players in the financial service industry.

Regional Seminar on Fintech in Capital Markets

Financial technologies are changing the game in the financial services sector. While the fintech industry is relatively a young sector, it has been recognized for its economic return on innovation in terms of jobs and Gross Domestic Product growth. Globally, fintech requires financial regulators to adjust their approach, increase consultation with stakeholders, and engage with regulatory technology.

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.

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.