The World Bank - Vienna Financial Sector Advisory Center (FinSAC) organized a two-day international conference on May 22-23, 2019 on financial technology (fintech) in Vienna, Austria.
The objective of the conference was to convene regulators, supervisors, and central bankers across client and donor jurisdictions along with relevant counterparts in public and private sectors and academia to share their experiences and views to deepen the understanding in a few key fintech areas. The main topics covered at the conference were the following: regulatory and supervisory responses to fintech; suptech and regtech; operational risk arising from fintech; Distributed Ledger Technology; and evolution of consumer lending. The topics were distributed over the two days into eight sessions, conducted largely in a moderated panel format. In each area, the sessions provided real-life cases and/or demonstrations of illustrative products as applicable and to discuss the trends, opportunities, and challenges for this particular audience.
The seminar attendance was by invitation only and was targeted at Heads (or deputies) of Supervision, Financial Technologies, Risk Management and IT Payment Systems of Central Banks.