Fintech and the future: where is the greatest potential for central governments’ use of fintech solutions?

Picture from Pixabay.com
November 17, 2022
Global
Fintech

Government authorities worldwide are increasingly buying fintech services and/or embedding fintech solutions into their operations to improve what they do and deliver better services. 

The trend is driven by factors ranging from the increasing digitisation of public administration, including, for example, greater availability of digital data, to the growing breadth and capacity of fintech solutions themselves. 

As examples, Belgium’s tax authority and the UK’s Cabinet Office have been working with the same fintech (Quantexa) to help tackle fraud. Also in the UK, the government’s procurement agency Crown Commercial Service (CCS) has set up a ‘Debt Resolution Services’ supplier roster that aims to increase the use of fintech solutions in fields such as data aggregation and open banking across Britain’s public sector; and HM Revenue & Customs has blazed a trail globally by engaging a fintech company (Ecospend) to enable the department to receive payments via open banking.  

Global Government Fintech’s webinar will seek to take stock of governments’ engagement with fintech solutions to date and explore where government officials see as the areas with greatest potential.   

Public servants can register here for free to attend this webinar

Time

USA/Canada Eastern Time (EST): 09:30 – 10:45
Greenwich Mean Time (GMT): 14:30 – 15:45
Central European Time (CET): 15:30 – 16:45
Eastern European Time (EET): 16:30 – 17:45
Singapore Time (SGT): 22:30 – 23:45
Australian Eastern Standard Time (AEST): 01:30 – 02:45