The digital future of development finance
As the appetite for traditional foreign aid is shrinking in the US and Europe, accelerating the shift to digital finance across emerging economies could fill the gap and more.
Thomas Puschmann
Thomas Puschmann is Founder and Executive Director of the Global Center for Sustainable Digital Finance at Stanford University in partnership with the University of Zurich and the Korea Advanced Institute of Science & Technology. He is Founder and Managing Director of the Swiss FinTech Innovation Lab at the University of Zurich, Co-Founder of the Swiss Green FinTech Network, Co-Founder of the Association Swiss FinTech Innovations, Co-Founder of Extreme Tech Challenge Switzerland and Member of the Swiss Innovation Council Innosuisse. He is also the Editor-in-Chief of the Springer book series on Financial Innovation and Technology and serves on the editorial boards of various academic journals.
Technology alone won’t revolutionize the global financial system
For 20 years, developments in fintech have appeared poised to fundamentally reshape the financial industry. The slower-than-predicted pace of change suggests we shouldn’t expect the latest innovations to remake the world overnight.
Financial system 2030
The financial system is evolving along multiple dimensions, from new institutions and means of intermediation to novel economic functions and entire infrastructures. The interplay between technology, regulation and nation states will define the financial system of the next decade.