Responsible Finance Forum VIII - 2017

27.04.2017 - 28.04.2017, Berlin, Germany

Opportunities and Risks in Digital Financial Services, Consumer Protection and Data Privacy

This year's Forum is hosted by the German Federal Ministry for Economic Cooperation and Development (BMZ), preceding the Forum and Plenary of the G20 Global Partnership for Financial Inclusion (GPFI) on 2-4 May 2017 in Berlin. The Forum is co-organized by The Better Than Cash Alliance, Consultative Group to Assist the Poor (CGAP), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, International Finance Cooperation (IFC), United Nations Capital Development Fund (UNCDF) and the World Bank.

The RFF will discuss customer data protection and privacy issues against the background of the continuous, rapid digitization in the financial sector and the changing landscape of financial service providers. The current advances in data-enabled financial services delivery raise important opportunities and risks for low-income consumers in developing countries, as new types of data are used on a new, massive scale and new business models depend on the use and commercialization of data in a new fashion.

Sessions will include, amongst others:

  • Opportunities and Risks of data-enabled Digital Financial Services: Two Sides of the Same Coin;  
  • Innovations and Predictive Models for Business Growth: Advancing Data Privacy and Security;
  • Industry Action: Self-regulation and Industry Standards; and
  • Strategic Collaboration with Development Partners and Investors.

For more information, please visit the dedicated event website.