Is financial innovation up to the major challenges of our time?

What are the major innovations that have defined the modern banking and financial system? What are the most recent financial innovations related to the emergence and acceleration of digital transformation, with the increasing integration of information technologies? What is the overall impact of all these innovations on the financial system and its businesses? Alexis Collomb takes a more general look at how the financial system serves the economy and society. Does this profusion of innovative technologies help to improve financial regulation and reduce the risk of future crises? Does it increase financial inclusion? Does it enable us to address the major issues of our time, such as the challenge of fighting global warming through sustainable finance?