The “Fourth Industrial Revolution” opens up uncharted frontiers. Advances in big data, artificial intelligence, robotics, etc. drive change across all industries, offering new prospects for growth but also carrying both known and unknown risks. From 24th to 26th of June, the 2018 Salzburg Global Forum on Finance in a Changing World discusses “The Promise and Perils of Technology: Artificial Intelligence, Big Data, Cybercrime and FinTech”. It will consider how radical technology-driven changes may impact societies, economies and financial markets around the world, what this means for policy, regulation and practitioners in the short and longer term and how we can channel the powerful forces of technology in a positive way. As a long-standing Partner of the Salzburg Global Forum Oliver Wyman is proud to help bring together senior leaders and rising specialists as a community of peers to capture the real world implications of current and future technological advances on the financial services industry, regulators and supervisors, and – of course – customers.
Some 1.7 billion adults globally are financially underserved or excluded. Financial inclusion is one of the great promises of financial technology, there is a great opportunity for regulators and the industry to cooperate better across borders to make change happen.Dominik Treeck, Partner, Public Policy