Fintech and COVID-19: impacts, challenges, and policy priorities for Asia

The report 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. The book also highlights critical structural policy changes needed to ensure an efficient and safe 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.