The COVID-19 pandemic has accelerated digital technology adoption in the financial sector and impacted the role of financial technology firms in supporting households and businesses.
Fintech and COVID-19: Impacts, Challenges, and Policy Priorities for Asia describes how the COVID-19 pandemic has accelerated digital technology adoption in the financial sector and the role of financial technology (fintech) firms in supporting households and businesses during the crisis and beyond. The book also highlights critical structural policy changes needed to ensure an efficient fintech environment that minimizes risks to consumers and financial stability.
Part I focuses on the impact of fintech on consumers, businesses, and the macroeconomy during the pandemic. Part II discusses the post-pandemic policy implications for enhancing fintech’s effect on inclusive growth. Featuring timely new research on developments in Asia and globally, Fintech and COVID-19: Impacts, Challenges, and Policy Priorities underscores the importance of fintech, digital infrastructure investment, and digital financial education for driving economic recovery and sustainable development.
- 1. Overview by John Beirne, James Villafuerte, and Bryan Zhang
- Part I: Fintech, Firms, and the Macroeconomy
- 2. COVID-19, Digital Transactions and Economic Activities: The Puzzling Nexus of Wealth Enhancement, Trade, and Financial Technology by Muhammad Ayub Khan Mehar
- 3. The COVID-19 Pandemic and Indonesia’s Fintech Markets by Eric Alexander Sugandi
- 4. COVID-19, Fintech, and the Recovery of Micro, Small, and Medium-Sized Enterprises: Evidence from Bangladesh by Monzur Hossain and Tahreen Tahrima Chowdhury
- 5. Digital Doorstep Banking: Female Banking Agents Lead Digital Financial Inclusion through the Pandemic and Beyond by Alreena Renita Pinto and Amit Arora
- Part II: Implications for the Post-Pandemic Era
- 6. The Promise of Fintech: Financial Inclusion in the Post-COVID-19 Era by Ratna Sahay, Ulric Eriksson von Allmen, Amina Lahreche, Purva Khera, Sumiko Ogawa, Majid Bazarbash, and Kimberly Beaton
- 7. Digital Finance, Financial Inclusion, and Sustainable Development: Building Better Financial Systems by Douglas Arner, Ross Buckley, Dirk Zetzsche, and Artem Sergeev
- 8. Toward a Data-Driven Financial System: The Impact of COVID-19 by Nydia Remolina
- 9. Sharing Credit Data While Respecting Privacy: A Digital Platform for Fairer Financing of Micro, Small, and Medium-Sized Enterprises by Jin-Chuan Duan