NFTs- to trust or not to trust?
NFTs- to trust or not to trust? By Dr. Ingrid Vasiliu-Feltes, Chief Ethics & Innovation Officer GBA Background The global Non Fungible Token market grew at 187% from 2018 to 2020 and by 299% in 2020. It is currently estimated at $338M, however experts…
Fintech Future-Disrupt or Be Disrupted
Impact investing has been described as one of the most powerful new trends which includes emerging markets. Increased social awareness and interest in ESG conscious investing have spurred investment in a variety of financial instruments that can facilitate the attainment of the United Nations 2030 Agenda. Furthermore, the Fintech industry can become a major catalyst for impact investing in other industries as well. While converging technologies clearly play a foundational role, we need to pay special attention to digital ethics and apply design thinking methodology in order to build a human-centric Fintech 2.0.
Fintech Future- Embracing ESG
Network builders, investors, wealth advisors, funders, academics and government officials are all being called upon to create a new global impact investment ecosystem with state of the art tax legislation and corporate governance laws that foster ESG consciousness.
As a long term strategy, we could aim towards the deployment of ESG-As A Service which could profoundly disrupt and transform the investment ecosystem globally.
Only by continuing to optimize our environmental efforts, increasing diversity and inclusion, as well as embedding social responsibility into the board governance fabric can we truly hope for a Fintech Future that embraces, nurtures and grows all relevant ESG domains.
Fintech’s Impact On The Global Digital Economy
Fintech’s Key Role In The Global Digital Economy By Dr. Ingrid Vasiliu Feltes Globalist, Futurist and Digital Ethics Advocate Global Landscape Global Digital Economy is a term that aims to encompass the status of technological development, as well as the size of digital markets…
The Value of Digital Twins in Fintech
The Value of Digital Twins in Fintech Dr. Ingrid Vasiliu-Feltes, Globalist, Futurist & Chief Ethics Officer GBA Digital Era We are currently experiencing the digital era and an unprecedented global pandemic impact which has further accelerated the adoption of emerging technologies. The recovery process will…
The Power of Fintech in Fueling The Blue Economy
All stakeholders in the fintech ecosystem play a key role and the principles that are foundational to creating a sustainable Blue Economy Financial System were jointly developed by the European Union, World Wildlife Fund, World Resources Institute and the European Investment Bank. Banks, insurers, investors, international organizations, scientists and researchers can all shape the future of Blue Fintech.
Building Sustainable and Inclusive Fintech Ecosystems -Powered by Design Thinking
Design Thinking offers a unique approach that fosters creativity and can be used by all stakeholders when developing Sustainable and Inclusive Fintech Ecosystems. Originally introduced by Tim Brown and Roger Martin, the concept of design thinking emphasizes consumer-centricity and design as a value creation.By adopting a culture of continuous improvement at an enterprise level a design thinking approach can also ensure a dynamic adaption to any novel crisis or scientific advancements.
Fintech-The Great Enabler of Smart Cities
The Fintech ecosystem can serve not only as a great enabler, but also as a connector and gateway for smart cities development by riding the financial divide, connecting stakeholders, and promoting the development of alternate funding mechanisms for smart cities. Purpose-driven banking, impact investments, green and blue fintech are all trends that can greatly enhance smart cities development. By supporting sustainable and inclusive societies that use technologies in a responsible way green and blue fintech can augment many of the indicators used to calculate performance in the Global Smart City Index.
50 Shades of Fintech
Emerging technologies are shaping the financial services industry and are likely to cause a further expansion of the chromatic fintech innovation scale. However for a sustainable large scale adoption of all these novel shades of fintech services it will be important to revise the legal and regulatory landscape, as well as to enhance the financial inclusion efforts.
Restoring Trust in Fintechs
The Digital Era has changed how society establishes and verifies trust. Organizations can create digital trust by designing and implementing comprehensive digital ethics programs and building a lasting culture of digital ethics.
Fintech has become a foundational element of the digital economy with innovative ways to provide financial services to customers being developed at an exponential pace. However, Fintech is also one of the industries that suffers from a significant trust gap. Only by collaborating towards creating a more responsible data governance framework globally can we achieve a sustainable societal trust in fintech companies.