ADB-IGF International Business Forum on AI, FinTech, Innovation, Financial Stability, and Prosperity, December 2020

The aim of the international forum is to explore opportunities, issues and challenges in the financial technology industry. This forum is sponsored by The Asian Development Bank (ADB), The Institute of Global Finance-University of New South Wales (IGF-UNSW), the Asian Bureau of Finance and Economic Research (ABFER) and the National University of Singapore (NUS).

The International Forum and related sessions featured discussions on the role of future AI. It also discussed how Fintech can spur innovation and efficiency in the financial sector, including examination of trends in financial intermediation, of potential applications of tokenization, and of the use of machine learning to improve investment

decisions. The Forum and related sessions centered on the use of Fintech to advance inclusion and sustainable investment aims. The discussion included the potential of blockchain-based project bonds to close infrastructure financing gaps, the macroeconomic factors influencing credit risk in peer-to-peer (P2P) lending, and the role of individual attention triggers on financial risk-taking behavior.

Keynote Addresses:

Leveraging Fintech for a Strong Post-COVID-19 Recovery in Asia

Dr Bambang Susantono Vice President for Knowledge Management and Sustainable Development Asian Development Bank