Governments worldwide are putting increasing focus on fintech: both in terms of encouraging the growth of fintech ecosystems but also exploring and experimenting with their own use of fintech to improve their operations and the delivery of citizen services.
The fintech boom has, naturally, been accompanied by reports ranking fintech hotspots and private-sector investment trends. But public sector engagement and investment in fintech is less consistently tracked.
One example of an index that has sprung up is the Arab Monetary Fund’s ‘Index of Modern Financial Technologies in the Arab Countries’, which was launched in 2021 to ‘shed light on developments in financial technology and digital financial services’.
But, globally, which measures can – and should – be used to track and measure governments’ investment in fintech solutions? What experiences can governments share – and learn from – when it comes to comparing fintech investment across borders?
• Nouran Youssef, Arab Monetary Fund
• Mahesh Uttamchandani, World Bank
• Professor Bonnie Buchanan, University of Surrey
• Sam Sharps, Tony Blair Institute for Global Change
• Webinar chair: Siobhan Benita, former UK senior civil servant