Description
Panel: Open-Network Technologies: A Driver of Financial Inclusion
Public and private sector banks across the world are deploying digital technologies to offer financial services for financially underserved and excluded population. Despite the rapid progress in leveraging digital technologies to enable inclusion, more than a billion people remain unbanked, with a large fraction of them being women. To bridge this gap, several countries are building digital public infrastructures that enable delivery of financial services. In India, innovations like Aadhar, UPI, and account aggregator have changed the way financial services are provided. Moreover, fintech and big tech companies are now competing with banks and other incumbents across a range of markets.
- How can the Indian financial ecosystem leverage the full potential of its digital public infrastructure to serve its customers better?
- Can interoperable solutions and open standard protocols play a role in expanding access to safe and affordable digital financial services to all?
Speakers:
- Steven Haley, Director, Market Development and Partnerships, Mojaloop Foundation
- Kamya Chandra, Practitioner Economist, Digital Development (virtual)
- Nanjira Sambuli, Fellow, Technology and International Affairs Program, Carnegie Endowment for International Peace
- Siddharth Tiwari, Former Chief Representative for Asia and the Pacific, Bank for International Settlements (virtual)
- MG Vaidyan, Senior Advisor, Financial Inclusion, Tata Trusts
Moderator:
- Priyadarshini D., Associate Fellow, Technology & Society Program, Carnegie India
