Lost at sea? Helping to navigate fintech solutions’ possibilities for governments

Picture by Pixabay.com
February 22, 2024

Webinar looking ahead to Global Government Fintech Lab 2024 (25 April)

Governments and other public authorities are increasingly exploring – and procuring – fintech. But public servants can find themselves lost amid a sea of potential fintech solutions.

Fintech’s very nature – combining finance and technology – means that exploring its possibilities and implementing policies spans organisations, departments and job remits. In addition, fintech can be tricky to define; is growing (as technology evolves); and brings legal considerations (where laws often lag technology).

Equally those with fintech solutions can find it daunting to supply in to government and public authorities. This is often particularly the case for smaller companies – such as fintechs – without the capacity and antennae to opportunities found at established or large corporations.

This Global Government Fintech webinar asked:

  • What are governments doing to stay alert to the possibilities of fintech?
  • How are governments changing their processes to make it easier to work with fintechs?
  • What barriers exist to governments procuring fintech solutions and how can these be overcome?

#GovernmentFintech #GGFintechLab


Barbara Voelkl, Policy Advisor – Digital Financial Technologies, Payments and Cyber Security, Federal Ministry of Finance, Germany

Barbara’s responsibilities include national and European Union (EU)-related digital policies on topics including artificial intelligence (AI) in the financial sector and initiatives regarding open finance. She is also responsible for the Digital Finance Forum – an exchange platform between politics and industry to foster Germany’s fintech ecosystem. Prior to joining the Ministry of Finance, she has gained experience in foreign and security politics with a focus on East Asia, as well as in strategy and management consulting with a focus on the public sector. She is an economist by training. Barbara was a speaker at the Global Government Fintech Lab 2023 (18 May) in Dublin.

Vittorio Tortorici, Senior Advisor – Fintech and Payments, Directorate V – Regulation and Supervision of the Financial System, Department of the Treasury, Ministry of Economy and Finance, Italy

Vittorio deals with a number of regulatory and supervisory topics related to digital finance and payments at both national and international level. Among these activities, he co-ordinates the ‘Italian Fintech Committee’, which includes all relevant public stakeholders of the Italian fintech ecosystem and that defines programmes and implement actions to foster the development of digital finance in Italy. Prior to joining the Ministry, Vittorio started his career as a lawyer in Milan and worked at the Bank of Italy where, as a national expert, he participated in national and European working groups concerning the payments and financial innovation sector. He holds a PhD in business and financial law at the Sapienza Università di Roma.

Hunt La Cascia, Senior Public Sector Specialist – Governance Global Unit, World Bank

Hunt focuses on public sector reform, service and knowledge functions to support the World Bank’s global portfolio of projects with GovTech (government technology) components. He provides advice and support to government clients, global task teams and governance staff in preparing and supervising projects with major GovTech investments. He works on initiatives such as cloud frameworks and methodologies, ‘greening’ GovTech, disruptive technologies, digital economy governance and anti-corruption. He also leads initiatives to modernise procurement functions in World Bank client countries by spearheading global e-procurement initiatives and other procurement reform activities, including procurement data analytics, green public procurement and emergency procurement.

Webinar chair: Ian Hall, Editor, Global Government Fintech

Ian is editor of Global Government Fintech and also writes for media including City AM and #DisruptionBanking. He is former UK director for the pan-European media network Euractiv (2011-2018), editor of Public Affairs News (2007-2011) and news editor of PR Week (2000-2007). He was shortlisted for ‘Editor of the Year’ at the British Society of Magazine Editors (BSME) Awards in 2010. He began his career in Bulgaria at English-language weekly the Sofia Echo, with his year in the Balkans (1998-1999) sandwiched between a BA in Economics and MA in Urban & Regional Change in Europe (both from Durham University).

Global Government Fintech Lab 2024 will take place in Dublin on 25 April. It is free to attend for all public servants. REGISTER HERE.