Intentions need to be adequately backed by sound framework of governance and regulation. This is demonstrated by the experience of sub-prime housing loans in US and microfinance in India.
They discussed the contribution of the fintech industry to the Israeli economy, how innovation can be promoted in the financial system and in the economy overall, as well as how to change the Bank itself into a digital and innovative organization. Anyone who knows me knows that I live and breathe research and data. The fourth team that we established deals with that.