Entries for 'Digital Finance'
January 5, 2022
Appropriate regulation of stablecoins will continue to present challenges as these assets become more sophisticated and widely adopted.
December 14, 2021
The latest session of the IIF’s DataTalk, our interactive discussion forum with knowledge partner the Oliver Wyman Forum, focused on quantum computing. This note provides a brief summary of the key themes that emerged, noting that the conversation was conducted under the Chatham House rule, and comments are unattributed.
December 9, 2021
Chester Chua, Head of Government Affairs & Public Policy at Google Cloud, joins us on this episode of FRT to share key findings from two studies commissioned by Google Cloud on the regulation and adoption of cloud in financial services.
November 30, 2021
Linda Jeng, Georgetown University, and Andres Wolberg-Stok, Citi, join us on this episode of FRT to discuss Linda’s recently published book, “Open Banking”, which features chapters written by Andres and the IIF’s Brad Carr.
November 18, 2021
FRT continues its 3-year tradition, partnering with Professor Chris Brummer on CQ Roll Call’s FinTech Beat podcast as we discuss key themes and developments from the recent IIF, IMF, World Bank, and DC Fintech Week conferences.
November 10, 2021
This report examines cloud adoption and regulation across the Asia-Pacific financial services sector.
November 9, 2021
The latest session of the IIF’s DataTalk forum, our interactive discussion forum with knowledge partner the Oliver Wyman Forum, focused on data literacy. This note provides a brief summary of the key themes that emerged, noting that the conversation was conducted under the Chatham House rule, and comments are unattributed.
November 2, 2021
This briefing note summarizes some of the key digital finance themes that emerged throughout the dedicated digital finance track, as well as in other sessions throughout the week.
October 29, 2021
Gail Hodges, Executive Director of the OpenID Foundation, and Elizabeth Garber, VP of Digital Products at Santander, share their insights on digital identity following the recent publication of the GAIN Paper, an outgrowth from the IIF and OpenID Foundation’s Open Digital Trust initiative. GAIN outlines how an open network can encourage different participants to come together creating an ecosystem with interoperable solutions using common standards. The paper gathered over 150 signatories from an extensive and diverse group of digital identity experts and advocates interested in advancing this vision.
October 13, 2021
Key Initial Findings
Cloud adoption is trending higher in financial services, and in some cases accelerating, with benefits that include improved s...
October 12, 2021
This report provides a list of recommendations to financial ecosystem stakeholders—including policymakers, regulators/supervisors, financial institutions, and tech firms—on actions they can each take to help drive digital transformation in financial services.
October 11, 2021
State of Play
The world economy is in the midst of a paradigm shift unlike anything we have seen before. We are transitioning from an industrial...
September 29, 2021
The dramatic growth of Mobile Money in Sub-Saharan African markets presents some interesting learnings for bank strategies and partnerships with FinTech firms, and with some fascinating scenarios ahead as app-based payment platforms enter the market.
September 21, 2021
The latest session of the IIF’s DataTalk forum, our interactive discussion forum with knowledge partner the Oliver Wyman Forum, focused on digital regulation.
September 13, 2021
Africa has been at the forefront of digital innovation since the launch of Mpesa, one of the first mobile money payment services in the world, fourtee...
September 13, 2021
The IIF is pleased to co-publish the Global Assured Identity Network (GAIN) white paper, with the other participants of the Open Digital Trust initiative and 150+ co-authors from across the global Digital Identity community.
September 2, 2021
The fifth session of the IIF’s DataTalk forum, our interactive forum with knowledge partner the Oliver Wyman Forum, discussed methodologies for the valuation of data. This note provides a brief summary of the key themes that emerged in our discussion.
August 17, 2021
Having been spotlighted in the IIF’s new series on inclusion, Amin Khairy from CIB Egypt and Chad Harper from the Visa Economic Empowerment Institute join us on FRT to discuss their work in promoting inclusion through digitalization, with Amin’s work focusing on reaching the unbanked through device-driven banking, and Chad discussing VEEI’s latest research report on global digital remittances. Chad and Amin discuss the need for end-to-end digital enablement, the gender disparity in inclusion efforts, and the importance of public-private partnership, among other topics in this episode of FRT.
August 5, 2021
NAB’s Jade Haar and UnionBank of the Philippines’s David Hardoon discuss key areas of focus for the ethical handling of customer data, including the importance of a governance framework, data control, challenges around algorithmic decision-making systems, and the importance of knowledge sharing and training. One of the key focal areas of the discussion was the IIF recently published Data Ethics Charter, which outlined a set of principles around the use of customer data, and included insights from Chief Data Officers and experts within our membership.
August 4, 2021
Mobile money use in Sub-Saharan Africa has grown substantially in recent years. Limited reach of traditional banking services likely contributed to this dynamic. We estimate that mobile money transactions reached around $275 bn in 2020. However, their importance differs considerably among countries in the region. The industry will likely undergo a fundamental transformation in coming years. Changes will include market entrance of existing app-based payment platforms.