FinTech has a wide influence on payments, settlements and financial services, and could stimulate various economic activities, including e-commerce and “sharing economy” businesses. Also, FinTech can encourage mutual feedback between financial activities and high-end technologies, including cryptographic techniques. Moreover, financial literacy and education are needed to promote the sound development of FinTech.
It is a great pleasure and privilege for the Bank of Greece to welcome President Jean-Claude Juncker, on the occasion of his election as honorary member of the Academy of Athens. We welcome a great European statesman and a great friend of Greece.