The world has witnessed a rapid expansion of FinTech in the last decade. The rise of big tech giants in the financial service sector, such as the Ant Financial in China and Mercado Libre in Latin America, has called both applauses and critics. What economic forces are driving this development? What are the technology edges FinTech players have compared with conventional banking models? More importantly, what is FinTech's impact on financial stability and overall economic welfare?
Join The Economist Corporate Network at their breakfast event in which Professor Yi Huang from the Graduate Institute of Geneva, CEPR, and Luohan Academy, the thinktank of Alibaba Group will share his joint research with the Chief Economist of Bank of International Settlements to answer those critical questions. There will also be a panel discussion featuring Socrate Lao from Société Générale and Simon Rabinovitch from The Economist.