From mobile banking to financial planning and saving tools to online services for small businesses, financial technology, or fintech—an industry that broadly encompasses any business that uses new technology to improve the efficiency of financial services—is already disrupting the financial system and revolutionizing how Americans approach personal and small business finance.
On October 13, the Initiative on Business and Public Policy (IBPP) at Brookings hosted a conversation about the effects of the fintech boom, with a particular focus on how regulation and public policy can enhance or hinder the industry’s ability to solve some of the more intractable problems facing middle-class Americans. How will new services affect working class Americans who rely on financial products to meet their expected and unexpected needs? Will regulation and policy inhibit innovation and skew benefits toward the well-to-do? The event featured a panel of industry leaders followed by a panel of government officials to tackle these questions and more.
How to make fintech work for all Americans
How to make fintech work for all Americans: Industry leaders
How to make fintech work for all Americans: Government officials
Agenda
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October 13
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Welcoming Remarks
Aaron Klein Miriam K. Carliner Chair - Economic Studies, Senior Fellow - Center on Regulation and Markets @AaronDKlein -
One-on-One Conversation
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Panel 1: Industry Leaders
Panelist
David Reiling CEO - Sunrise Banks -
Panel 2: Government Officials
Moderator
Aaron Klein Miriam K. Carliner Chair - Economic Studies, Senior Fellow - Center on Regulation and Markets @AaronDKleinPanelist
Jonathan Miller Deputy Director, Policy and Research - FDIC -
Closing Remarks
Aaron Klein Miriam K. Carliner Chair - Economic Studies, Senior Fellow - Center on Regulation and Markets @AaronDKlein
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