World Economic Forum - News, Articles & Research

World Economic Forum: COVID-19 underlines the importance of fintech in emerging markets

Matthew Blake, Head of Financial Services, Member of the Executive Committee, World Economic Forum (WEF) speaks to FinextraTV following CCAF and World Bank's commentary on their collaborative study together, into the impact of Covid-19 on Global Fintech. He highlights what fintech firms can take away from the survey report and how it will help educate them to remain resilient amid economic uncertainty. We hear about the work the WEF has done around financial inclusion, how important fintech is for continuing and increasing financial inclusion in emerging markets, what avenues there are for public-private cooperation in a COVID world, and where fintech firms can receive support.

29 July 2020

Finextra TV/markets

Investigating Covid-19's impact on Global FinTech

Tania Ziegler, Head of Global Benchmarking at the Cambridge Centre for Alternative Finance, speaks to FinextraTV about CCAF, World Bank and the World Economic Forum's investigation into the impact of Covid19 on Global FinTech, the thinking behind the study and who the Global Covid-19 FinTech Market Rapid Assessment Survey is for. We learn about their taxonomy, why it is so important in enabling the industry to define what ‘FinTech’ means and how the data will be analysed, compiled and used to understand Covid-19’s impact on the FinTech markets and how the global FinTech industry has responded.

06 July 2020

News/startups

CCAF, World Bank, World Economic Forum launch survey to research fintech’s role post-Covid-19

Targeting 15,000 fintech firms worldwide, the Cambridge Centre for Alternative Finance (CCAF) announced it has partnered with the World Bank Group and the World Economic Forum to survey industry players and compile data about Covid-19’s impact on the marketplace.

15 June 2020

Company announcement/startups

CCAF, World Bank and the World Economic Forum investigate Covid-19's impact on global fintech

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.

15 June 2020

Company announcement/wholesale

World Economic Forum publishes blockchain 'Bill of Rights'

COVID-19 has accelerated the development and use of emerging technology across industries.

22 May 2020

News/sustainable

BofA global environmental exec: Addressing climate change goes beyond business-as-usual

Alex Liftman, global environmental executive, Bank of America (BofA), believes “significantly accelerating progress on addressing big global issues like climate change requires going beyond business-as-usual financing to find innovative approaches that can help attract a larger share of capital from a broader set of investors.”

08 April 2020

News/ai

Fintech workforce to expand 19% by 2030 thanks to AI, Cambridge University predicts

In a recent report, the Cambridge Centre for Alternative Finance (CCAF) and the World Economic Forum (WEF) found that rather than observing AI as a single instrument for blanket application across the industry, AI can be viewed as a toolkit that is being used to tinker and build services in an abundance of ways to achieve a variety of objectives.

07 February 2020

News/crypto

World Economic Forum publishes CBDC framework

The World Economic Forum (WEF) has put together a policy-maker toolkit designed to help central banks investigating the creation of digital currencies.

29 January 2020

News/sustainable

Davos 2020: Refinitiv launches sustainable data alliance

Announced at the World Economic Forum, Refinitiv will join forces with influential global bodies to create a first-of-its-kind alliance to monitor sustainable finance through data.

22 January 2020

News

As blockchain hype subsides, banks count the cost of early euphoria

Banks and technology companies have poured billions of dollars into blockchain projects, but as the hype dies down, many of the early evangelists for the technology have come to the conclusion that production-ready deployment still remains a distant goal.

19 July 2019

Company announcement/security

World Economic Forum: Investors must prioritise cybersecurity or risk losing money

Investors can and should encourage companies to prioritize cybersecurity. A new World Economic Forum report, Incentivizing responsible and secure innovation: principles and guidance for investors, proposes a framework for investors to measure and address cybersecurity efforts.

03 July 2019

News/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

05 June 2019