BOISE, Idaho, March 8 (Bernama-BUSINESS WIRE) — Kount, a global leader in digital fraud prevention, announced its CEO Bradley J. Wiskirchen is the only executive from the fraud control industry engaged in the International Monetary Fund’s (IMF) High-Level Advisory Group on Finance and Technology. Following the launch of the Bali Fintech Agenda, the group held its second gathering of key stakeholders in financial technology. As the IMF indicated in a release March 1, the group identified data and cybersecurity as key areas of focus for technological innovation.
The IMF estimates approximately 1.7 billion adults worldwide don’t have access to financial services. The Bali Fintech Agenda outlines 12 policy elements intended to support major social and economic impacts of empowering this population. This effort will help IMF member countries harness the benefits and opportunities of fintech, while at the same time managing the inherent risks as they rapidly transform the provision of banking services.