The latest Urban Exchange takes us inside the world of digital financial innovation and how it supports urban resilience, with experts from Cape Town and StateUp.
This episode of the Urban Exchange podcast explores the role of digital financial innovation in building urban resilience, featuring experts Daniel Sullivan, Director of Resilience for the City of Cape Town, and Tanya Filer, Founder and CEO of StateUp.
Together, we look at the findings of StateUp’s latest research, conducted in partnership with the Resilient Cities Network, on the transformative power of public financial technologies in building urban resilience. Tanya highlights some of the common challenges such as fiscal constraints, climate change, and social inequalities, and looks into the importance of digital and emerging technologies in urban resilience.
Daniel shares his and Cape Town’s experience in deploying digital initiatives to advance urban resilience, including the use of digital financial technologies to build resilience outcomes. He discusses the city’s parallel journeys in developing a digital strategy and a resilience program, focusing on using data insights and technology to inform city responses and support vulnerable communities.
The conversation then delves into the challenges of bridging the gap between digital and resilience teams within city governments to maximise the impact of digital transitions. Tanya and Daniel highlight the cultural barriers and the need for a cohesive strategy that combines digital insights and policy implementation. The episode also explores the potential for cities to use digital technologies to address specific resilience goals, such as using spend data to better plan and prepare for food and water shortages.
Listen in to uncover insights into the role of digital financial innovation in building urban resilience, emphasising the importance of collaboration, data-driven decision-making, and leveraging partnerships within the city ecosystem.
For more information on the work between Resilient Cities Network, StateUp and Visa, click here.