The banking and financial services sector is evolving due to technological innovations such as fintech, blockchain, and digital currencies. The U.S. and China are leading the industry, but Europe and Asia are significant players in both traditional banking and fintech.
The WBC Banking & Financial Services Council is advancing the global financial services industry by promoting collaboration between financial institutions, fintech firms, and regulators. The Council supports innovation in digital banking, blockchain integration, and sustainable finance. By encouraging the adoption of cutting-edge technologies and advocating for regulatory improvements, the Council ensures members are prepared for the future of banking. Looking ahead, it aims to foster greater financial inclusion, promote green finance, and help navigate the evolving landscape of digital currencies and decentralized finance.