Salvador Chang

Senior financial consultant and former Program Director at Toronto Centre. Economist with more than 30 years of experience in executive strategy, macroeconomic analysis, risk-based supervision, consumer protection, digital finance, and sustainability disclosure. Has led strategy for multinational financial groups and high-impact advisory projects with multilateral and international financial organizations. Holds an MBA in Finance from NYU Stern, completed graduate studies in business economics, and earned a cum laude BA in Economics from UCAB, with additional specialization in sustainability accounting and organizational GHG accounting.

By Salvador Chang

Blog

Fighting Fire With Fire – Can AI be Used to Combat AI-Powered Fraud?

As criminals weaponize AI for sophisticated financial scams, institutions are fighting back. Explore how authorities are using analytical and generative AI to combat fraud and safeguard consumers.
Research

Solutions to Protect Consumers from Fraud in Digital Finance

This working paper presents a curated set of solutions for fraud (many of which are AI-powered), with more than 50 examples that have shown varying levels of success in protecting consumers from fraud in digital finance, across education, prevention, detection and disruption, and response and recovery.
Blog

Digital Financial Inclusion Supervision: Tanzania Pilot Program

The world of digital financial inclusion is growing quickly and outpacing capacity and resources to tackle it from a regulatory and supervisory standpoint. In response, CGAP and Toronto Centre piloted the first Digital Financial Inclusion Supervision training program in Tanzania.