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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. Gain insights into technological advancements, including cryptocurrencies, and their role in serving the underbanked. Analyze the digital transformation of economies and discuss the necessary safeguards to protect and empower all individuals. Consider the corporate responsibility in driving financial inclusion and the promising products and policies shaping its future.
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