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The “shared secret” username-password model of authentication comes with security risks too great for digital financial services. Even the best-formulated passwords can be compromised. When user credentials are stolen, people’s investments, credit card accounts, and hard-earned savings tend to follow. Are you working on password-less authentication solutions on blockchain to safeguard people’s money? The ITU […]

By Simon Torkington, Senior Writer, Forum Agenda , World Economic Forum Over the past decade, the global financial technology (fintech) industry has experienced a surge in growth. Digital banking and financial services are proving transformative, both in developed economies and also in regions where billions of people have previously struggled to access banking services. New […]

Explore the various challenges that consumer protection and data privacy law and regulation face with regard to big data and machine learning techniques. Read now!

By ITU News While seeing his friends and neighbours struggle to achieve financial stability, Clement Muhirwa sensed an opportunity for innovation. Many of Rwanda’s contractors and casual workers, even when earning decent wages, remain “unbanked” – excluded from the formal financial system. All around him, the Kigali-based innovator saw people who, although gainfully employed, lacked […]

By ITU News Older people who suffer from dementia are likely to start having problems managing their money years before their clinical diagnosis. Financial mistakes, such as forgetting to pay bills or trouble managing savings, may be an early sign of Alzheimer disease, according to the researchers behind a 2021 US study that analysed more […]

By ITU News Digital currency is a relatively new but buzzing field of finance. Recent months have seen countries from Sweden to Jamaica start exploring or piloting their own central bank digital currencies (CBDCs).   In fact, nearly 70 financial institutions around the world have stated that they are investigating CBDCs, the most recent being […]

This report features over 200 projects developed by 40 UN agencies and bodies to accelerate progress on the United Nations Sustainable Development Goals (SDGs).