The innovations spurred by digital breakthroughs are starting to revolutionize the availability of financial services
The recent International Monetary Fund/World Bank annual meetings marked the launch of the Bali Fintech Agenda, a set of 12 policy recommendations aimed at better harnessing the benefits and opportunities of rapid advances in financial technology. It also highlighted the importance of managing risks. The Bali Agenda sets out a roadmap to be used by national authorities as a reference point for policy design and implementation. During the meetings, I also had the privilege of speaking at two seminars organized by the financial services authority of Indonesia.