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Big tech gaining trust over governments, Future of finance jobs

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Big tech gaining trust over governments, Future of finance jobs

Thursday 5 September 2019 Vol.10 Ed.36.3

Commentary: Big tech gaining trust over governments

By Herbert Poenisch in Beijing

Up until recently, there were doubts as to whether technology could garner the necessary trust to succeed in the financial sector. But the world is changing rapidly. Trust in large technology firms is growing. Young generations are more familiar with their mobile phones and applications than with their governments. This is particularly the case for those who are disengaged from politics. The internet, not the government, provides for their daily lives. The logical next step is for big tech to create its own currencies.

Read the full commentary on the website.

Meeting: Future of finance jobs

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Monday 16 September, Singapore, 14:00 SST

OMFIF and the Institute of Banking and Finance in Singapore convene a workshop to discuss the impact of major macroeconomic developments and rapid advances in digital technology on workforces in financial institutions. Participants will also look at how businesses can promote diversity and inclusion.

Request to attend the meeting.

 

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