However, the major issue here is the risk arising from simultaneity of payouts. The greater the simultaneity, the less credible a firewall can be, because it cannot cover the financing needs of all countries simultaneously. Thus, a firewall is limited by the capabilities of the individual contributors.
From where I stand, Fintechs as an innovative provider and enabler of digital financial services will find compelling opportunities in this digital transformation agenda. Now is a good time to act. Congress has moved to file proposals for structural reforms and massive economic stimulus package targeting MSMEs, among others.