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Explore the impact of financial technology on global economic inclusion in this 26-minute talk by Mastercard CEO Michael Miebach. Delve into the potential of fintech innovations to bridge or widen the gap between the banked and unbanked populations. Examine case studies from emerging markets, the digitization of currency, and associated risks such as algorithmic bias. Investigate the role of cryptocurrencies, technological advancements, and corporate responsibility in shaping financial inclusion. Gain insights into Mastercard's strategies and the broader fintech industry's efforts to empower the underbanked amid rapid digital transformation.
Syllabus
Introduction
Financial Inclusion at Mastercard
Examples from emerging markets
Digitization of currency
Risks of digitization
Algorithmic bias
Technological innovation
Cryptocurrencies
Underbanked
Digital Transformation
Corporate Responsibility
Financial Inclusion
Taught by
The Aspen Institute