GROWTH2023

6 vulnerabilities technology is creating in the financial system

Technology is creating new risks in the financial system - but can also be used to mitigate some of the challenges.

Technology is creating new risks in the financial system - but can also be used to mitigate some of the challenges. Image: Unsplash/cmophoto.net

Charlotte Edmond
Senior Writer, Forum Agenda
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When customers lose confidence in a bank - whether because of a real or perceived threat - financial system risks can spiral.
When customers lose confidence in a bank - whether because of a real or perceived threat - financial system risks can spiral. Image: Statista

Disruption in crypto markets could create chaos in traditional financial systems if institutional exposures grow.
Disruption in crypto markets could create chaos in traditional financial systems if institutional exposures grow. Image: Statista

Technology-driven risks in the financial system are inherently complex given how heavily interconnected today’s global financial system is.
Technology-driven risks in the financial system are inherently complex given how heavily interconnected today’s global financial system is. Image: Statista

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Related topics:
GROWTH2023Emerging TechnologiesTechnological TransformationFinancial and Monetary Systems
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