Digital Wallets, Market Shocks & What Makes You Resilient
In an era marked by crypto crashes, cost-of-living spikes, and increasing economic uncertainty, financial resilience is no longer just a personal virtue — it’s a societal imperative. But what does it truly mean to be financially resilient?
In this episode of the FRS Perspective Series, Prof Eko Yohanes Riyanto (Nanyang Technological University) and Dr Sandra Andraszewicz (ETH Zurich) explore the behavioural, technological, and policy dimensions of financial resilience. Drawing on cross-country research from Singapore and Switzerland, they examine how digital tools like e-wallets and robo-advisors, combined with regulatory strategies and individual traits, can shape our ability to withstand and recover from financial shocks.
Key topics explored:
- Why fintech users in Singapore and Switzerland demonstrate unexpected resilience
- What the Zurich Trading Simulator reveals about human behaviour under financial stress
- The importance of smart regulation in protecting retail investors
- Why financial literacy alone isn’t enough for future-ready societies
With insights bridging behavioural economics, digital finance, and public policy, this video is a must-watch for economists, regulators, tech developers, and anyone navigating today’s complex financial landscape.