Digital transformation of the financial sector has been driving financial inclusion and innovation. Better connectivity, cheaper mobile technology, new products, and improved customer experience are steadily closing gaps in technology adoption and financial access. However, a new “Big Data...

The rapid digitization of finance, the fast pace of technology advancement and the rise of data-driven innovation has transformed financial sectors and created opportunities for financial authorities that are pursuing financial inclusion to adapt their regulatory and supervisory approaches....

Although technological solutions promise access to cheaper and safer financial services, creating regulation that enables innovation in the FinTech industry remains a challenge. Regulators must protect the public interest while still providing an environment conducive to product and partnership...