Role of Technology for Sustainable Global Development
The global economy has witnessed significant changes in the last decade however the current transformation process in various sectors of the global economy is unprecedented and exponential. Financial Technology (commonly known as “FinTech”) which is one of the megatrends is attracting a great deal of attention from consumers, investors, banking and finance professionals, investment industry, asset managers, policy makers, microfinance professionals and regulators across the globe. FinTech can create a new economy, new market and new growth in the financial sector by enhancing financial inclusion. It has enormous potential to enhance financial inclusion to under-banked populations across the world and reduce growing poverty. However, rapidly growing technology platforms are also disrupting the financial industry including Islamic Finance. Technology
This keynote speech aims to shed light on the factors including automation, robotization, digitization etc. that are changing the global economic landscape and its implications for growing population, economy, society and on individuals (new jobs will be created but several jobs are in danger). This speech also intends to highlight financial tools such as social finance to uplift the living standards of poor people and will also outline policy suggestions to achieve sustainable development goals. The speaker will also be sharing the application of technology by different governments to address societal issues.