The fintech revolution is going to change international trade as much as the digital revolution changed the media business and it is beginning now. Mobile phone money like M-pesa and microfinance lenders are bringing trade to the unbanked. Peer to peer lenders are disintermediating the big banks. Protocols based on blockchain technology will make the transfer of funds across borders instantaneous & cheap.
– Vivianne Arnold at the APEC Public Private Dialogue, SOM1, Philippines
“Financial technology is evolving so rapidly that no bank can afford to lose a CIO who really understands the new digital landscape, and just as importantly, is able to convince his or her colleagues in the C-suite of the importance of adapting to the new landscape.” – Vivianne Arnold