The British and US governments and businesses have formed the P20, a group for discussing the fintech industry's global growth, improvements to regulatory frameworks, economic development, innovation, financial inclusion and cooperation. In addition to the US, other countries participating in this summit include China, India, Brazil, Russia, South Africa, Turkey, Japan, Australia, New Zealand, Switzerland, France, Germany, Italy, Spain, Ireland, Canada, Mexico, Chile, Peru, Argentina, Brazil and Mexico. Additionally, the P20 will promote financial inclusion by streamlining regulatory frameworks between the UK and US. The annual conference will move between London and Atlanta, with the first session taking place this October in London.
The British and US governments and businesses have formed the P20, a group for discussing the fintech industry's global growth, improvements to regulatory frameworks, economic development, innovation, financial inclusion and cooperation. The P20's first conference will outline the responsibilities of the countries' governments to support the payments industry, identify policy challenges over the next decade and develop an agenda of short and long-term goals. Additionally, the P20 will promote financial inclusion by streamlining regulatory frameworks between the UK and US. The annual conference will move between London and Atlanta, with the first session taking place this October in London.