Jul 13, 2023 · The technology-enabled innovation in financial services —known as fintech—is one such example, accelerating rapidly as pandemic shutdowns amplified its importance for maintaining business activity and financial services during a time of social distancing.

Nov 19, 2020 · Fintech Financial technology – fintech – is creating new opportunities and challenges for the financial sector – from consumers, to financial institutions and new entrants, to regulators.

Nov 21, 2024 · Fintech, blockchain, artificial intelligence, and digital currencies are driving real change and reshaping our financial ecosystem. China is among the countries that have embraced these new financial technologies and realized impressive achievements because of them.

The database covers country treatments of both foundational regulation such anti-money laundering and countering of financial terrorism and the existence of rules to combat cybercrime as well as regulations specific to fintech business models such as digital banking and cryptoassets and marketplace lending.

The 2021 edition of the Global Findex, contains updated indicators on access to and use of formal and informal financial services and digital payments, and offers insights into the behaviors that enable financial resilience.

There was an increased density of global fintech-related sandboxes, particularly from mid-2018 through 2020. More than half of all relevant sandboxes, or about 56 percent, were created between 2018 and 2019, and about a fifth were created in the first half of 2020 alone suggesting rapid growth around the world in the use of sandboxes to test fintech innovations and regulation.

WASHINGTON, December 3, 2020 —The fintech market has continued to help expand access to financial services during the COVID-19 pandemic—particularly in emerging markets—with strong growth in all types of digital financial services except lending, according to a joint study by the World Bank, the Cambridge Centre for Alternative Finance at the University of Cambridge’s …

On their own, Islamic finance and fintech are two growing segments in global finance Islamic finance serves a core population of 1.8 billion Muslims world-wide and a broader audience of ethical finance consumers Technology and automation have been a key part of global financial services in the last century As a whole, three key areas of opportunity have present in the …

With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.

Gian is an experienced financial services regulatory lawyer and policy expert and at the World Bank he works primarily in the areas of financial consumer protection regulation, market conduct supervision, data protection and consumer issues in fintech and digital financial services.