 Chancellor Sunak, Lord Mayor Russell, Miss Crosswell and the Organising Team and Innovate Finance, ladies and gentlemen, it is wonderful to be part of this year's UK FinTech Week and to join with you virtually today. For over the last decade as UN Special Advocate, I have witnessed the power of tech-led innovation in my own work to improve financial inclusion. This has been critical for giving access to financial services that can protect people against hardship and help them invest in the future. We have seen many FinTech innovators building more accessible and affordable financial services that people truly need globally but also here in the UK. One example is a FinTech credit enable. It helps British SMEs by reducing the hassle, cost and time it takes to get a loan. Apart from speeding up the process from eight weeks to only three or four days, the data analytics and AI platform matches small businesses with the most appropriate loan product for their need and at the best rate. Another promising UK-based FinTech is CHIP. It is an app which assists customers to save and offers more competitive interest rates, especially on low balances. CHIP uses AI to analyse our customer's bills, income and spending. It then automatically suggests an affordable amount to be moved to savings each week. This innovative approach was made possible by the UK's Open Banking Standard, which supports the app to connect seamlessly with all 18 British high-street banks using APIs. So far, we have just seen the beginning of the journey. For example, 6 million adults in the UK downloaded a bank app for the first time during the pandemic. Big data analytics can play an increasing role in identifying what customer need and they can make services more intuitive for use. Innovation can drive more competition and collaboration between traditional players, startups and tech companies. And FinTech solutions can rapidly change the way customers pay, save, borrow and protect themselves against risks. I'm convinced that inclusive technology-led innovations like these present our best opportunity to tackle financial exclusion and improve financial health. Inclusive FinTech solutions are needed to help us rethink traditional business models to better serve the poor, low-income and underserved customers. It is important for us to also recognise that financial exclusion is not an issue just in low-income countries, but for advanced economies too. Today, in the UK, there are over 1 million people without a bank account and 5 million adults who are underbanked. In addition, the pandemic has highlighted the need to build up financial resilience and overall financial health. As in most economies, many Britons and Dutch do not have a financially strong position. In the Netherlands, 1 in 5 adults do not have enough buffer. And in the UK, 1 in 4 adults have less than 100 British pounds in savings and could not cover more than one month of living expenses if they lost their jobs. And many are borrowing to simply pay for life's essentials, which is unsustainable. As of October 2020, the UK's Financial Conduct Authority found that more than 14.2 million Britons struggle with over-deadness, low savings and limited or erratic earnings. So it is clear that a lot still needs to be done in this field. While improving the regulatory environment is a crucial piece of the puzzle, it is a private sector which will create products that can expand financial inclusion and contribute to customers' financial health. Providers and investors can create industry standards to make their practices more inclusive and safer. Fintech associations can lead by providing a collective voice to regulators on policy changes to encourage innovation. Dutch companies can support the emergence of new solutions and startups. They can do this by setting up fintech hubs and accelerators by running text prints or by anchoring industry sandboxes. They can also drive innovative research to better understand which approaches work and which do not. More broadly, if we want fintech to thrive, there are necessary policies and pieces of infrastructure that need to be in place. Some are critical for access such as connectivity, physical infrastructure and digital IDs. Others make markets work better for customers, such as fair competition and interoperable payment systems. And some protect the financial system and users such as data privacy, cybersecurity, consumer protection and digital and financial literacy. This last set are particularly critical to address new risks of cyber attacks over netness and algorithm bias. Finally, I call on each of you to consider the impact that you can have as private sector innovators to use fintech as a tool for greater financial inclusion and improve financial health. Basically it means how will you design these products to help nudge customers to save, to help them budget better and to address risks that they need to hedge? How can you support SMEs with digital tools to run their businesses better? I really do look forward to encouraging you all of you on this journey and I wish you all success. Your success can be the success of many. Thank you.