How FinTech Can Bridge Gaps and Foster Inclusion In the latest episode of HKU FinTech Regulatory Ramblings, we are thrilled to feature Theodora Lau, a global leader in FinTech and innovation, who discusses the complexities of FinTech adoption globally. She highlights the US's lag behind Asia in digital payment systems, with WeChat and Tencent driving innovation in China. Japan's conglomerates are now embracing digital payments despite their cash-heavy history. Theo also discusses the disparity between countries like Hong Kong and the US, where millions of households remain unbanked or underbanked, and emphasizes the challenge of creating tech that genuinely benefits the elderly, underserved, and financially excluded. She believes that the issue lies in the adoption by regulators, enterprises, and consumers. She also discusses the potential of AI and generative tech in driving financial inclusion and the roadblocks posed by outdated perceptions and cost-centric mindsets among financial institutions. Theo is an author of Beyond Good and The Metaverse Economy, hosts the One Vision podcast, and writes the FinTech Prose newsletter. 🎧 Don't miss this compelling discussion on the intersection of technology, regulation, and humanity. 🎧 https://bit.ly/3Pw1nGl | YouTube: https://bit.ly/4gKJxKR #FinTech #RegTech #FinancialInclusion #DigitalTransformation #Innovation #AI #UnconventionalVentures #RegulatoryRamblings #TheodoraLau
Theodora Lau's insights on bridging financial gaps through innovation highlight the importance of regulatory adaptation and consumer-focused design in achieving true financial inclusion.
Thank u for the kind share.
Building the Social Media Influence and Reputation of Individuals and Companies Globally through Innovative Strategies and Creative Solutions | #1 International Bestselling Author | Social Branding Strategist
1wTheodora Lau's insights into the global landscape of digital payments highlight crucial disparities and opportunities. It's essential for regulators and enterprises to prioritize inclusive tech solutions that cater to the unbanked and underserved. Embracing AI and innovative technologies can transform financial access and empower communities worldwide. Looking forward to this enlightening discussion.