Financial technology needs to be a part of the policy and economic toolkit as the world is at a near-standstill during this coronavirus pandemic, sending financial shockwaves through many businesses and households.
While current governmental measures — including monetary and fiscal stimulus — are steps in the right direction, it is often deployed through legacy systems and processes that can be slow and untargeted in their impact. More creative actions can be deployed now to leverage the benefits of technology during this crisis.
[You can read my full op-ed at American Banker]
