The IMF has recently (7th September 2018) given the nod to countries developing emerging Financial Technologies (Fintech) providing 12 guidelines to encourage how these should be implemented. Innovations like Split Velocity and wealth creation fall under this IMF description and are within its guidelines. A financial technology that meets these conditions set in the guidelines can be applied by governments through the central bank and finance ministry.
Innovations in financial technologies are the future when it comes to growth and development. The Bali-Fintech document can be used to guide new strategies that nurture growth and development using financial technologies.
Split Velocity Solutions Ltd 