As discussed at the G20 under Argentina's presidency last year, one important role of the public sector is to provide a safety net and opportunities for education and training to those who would be negatively affected by new technologies.5 We should also pay attention to the possibility that people who are less familiar with digital technologies may be left behind.
While FinTech can significantly expand access to financial services, people in certain conditions or circumstances may suffer disadvantages from new technologies such as automated credit examination, for instance. In this regard, we have raised the issue of aging and financial inclusion at the G20 under Japan's presidency this year.