The financial system is currently confronted with tremendous challenges from the global economy, trade, politics, demographics, and most recently from enormous technological advancements. These developments have the capacity to change the existing financial system fundamentally. This book addresses how technological developments and digitalization will impact the future of financial systems.This book is based on the results of a series of ten roundtables with high-level experts on ...

Digital innovation is significantly reshaping the financial services landscape, pioneering new avenues for sustainable access, distribution, and management of financial resources. A myriad of real-world applications, such as enabling digital supply chain finance across agricultural and fashion value chains, and leveraging digital currencies to fuel smart meters in schools in developing nations, are continually emerging. Moreover, the advent of digital investment marketplaces, crowdfunding ...