Finance Regulation Technology

As the ‘Platformization’ of finance gathers pace, KPMG Global Co-Head of FinTech Anton Ruddenklau talks us through developments in partnerships, the necessary mindset shifts, cross-industry convergence, and the emerging FinTech trends to look for in 2021.

Catherine Parry, Founder and CEO of DeepView, outlines the key trends in social media security and online surveillance technologies that have emerged through the COVID ‘Work from home’ era.

Episode Notes

Ivo Jenik of the World Bank’s Consultative Group to Assist the Poor (CGAP) discusses the opportunities and critical dependencies for digitalization to support greater financial inclusion, and key learnings for the application of regulatory sandboxes.

With the criticality of Digital Identity underlined by the pandemic and recent economic shifts, we discuss the opportunities to support SMEs in the digital economy and promote financial inclusion, and the importance of enabling interoperability.

Looking beyond ‘Open Banking’, we discuss multi-sectoral Australia’s Consumer Data Right (CDR) with Dr Liming Zhu of the national science agency CSIRO, looking at the potential extension of open data principles to other consumer sectors.

The economy has been adapting and digitalizing rapidly in response to COVID-19, both in financial services and beyond. IIF economists and digital finance experts look forward at what this means not only in financial services, but also for SMEs to keep pace with tech firms in a competitive eCommerce environment.

Where COVID-19 has forced radical changes, it has also removed many of the barriers that have plagued previous digital transformation effort. The IIF and Deloitte explore this as part of our Realizing the Digital Promise series, with industry experts Ulku Rowe (Google Cloud), Jaco Grobler (First Rand Bank), and Andres Wolberg-Stok (Citi).

BBVA’s Head of Digital Regulation and Trends (and former IIF secondee) Pablo Urbiola returns to FRT, discussing how the competitive landscape in financial services has evolved with digitalization, and where policymakers need to keep pace with ongoing developments.

With COVID-19 ushering the increased digitalization of the economy and placing an increased emphasis on Digital Identity, Rod Boothby (Global Head of Identity at Santander) and Don Thibeau (Executive Director of the OpenID Foundation) visit FRT to discuss an important initiative for enabling online trust.