These trends were also seen in fintech employment in these economies. Fintechs in countries with more lockdown restrictions reported an average of 10% increase in full-time employees, while fintechs in economies with fewer lockdown restrictions actually saw their full-time staff decrease by 19%.

A new survey released by the World Economic Forum and the Cambridge Center for Alternative Finance (CCAF) finds nearly two-thirds (64%) of financial services leaders expect to be mass adopters of AI (Artificial Intelligence) in the next two years compared ...

“An uncoordinated proliferation of global data frameworks may prove counterproductive in the long run," says Matthew Blake of the WEF.