FinTech, Entrepreneurship, and Innovation
FinTech: What’s New, What’s Needed
Quintus Lim
FinTech: What’s New, What’s Needed
Quintus Lim
The Milken Institute's FinTech program explores market innovation and developments, analyzes alternative regulatory approaches, and offers policy recommendations to facilitate FinTech’s responsible development and foster a more favorable economic environment for small businesses and entrepreneurs. We engage and educate policymakers and stakeholders to improve access to capital, financial inclusion, transparency, and compliance. Our guiding principle is to ensure that financial technology innovations and entrepreneurial opportunities are accessible to individuals and businesses while increasing the stability and efficiency of the U.S. banking system.
- Access to capital and financial inclusion
- Alternative regulatory approaches
- Market innovation and developments
- Policy to facilitate FinTech’s responsible development
- Policy to foster a more competitive and innovative environment
- Transparency and compliance
- Artificial Intelligence and Machine Learning
- Blockchain and Cryptocurrency
- Entrepreneurship and Emerging Enterprises
- Future of Work
- Innovative Finance and Access to Capital
- Neo-Banking
- Small Business Data and Ecosystems
- Supply Chain Resilience
Small Business Policy and Innovation Initiative
Community bank consolidation, technology, globalization, and policy changes have disproportionately impacted small businesses and start-ups by fundamentally changing the competitive landscape and entrepreneurial ecosystem. The Small Business Policy and Innovation initiative aims to address these challenges through policy recommendations and program solutions to foster a more robust entrepreneurial environment and inclusive prosperity across regions and demographics.
FinTech, Entrepreneurship, and Innovation
Most Recent Content
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Digital Financial Infrastructure in Focus
The world’s financial system operates at digital speed, but much of its infrastructure remains slow, fragmented, and opaque.Read Report -
FinTech: What’s New, What’s Needed
In two private roundtables at the 2024 Milken Institute Asia Summit and the 2024 Insights Forum, the Milken Institute and Global Finance and Technology Network gathered leading technologists, development banks, government officials, payment...Read ReportImage
Quintus Lim
Associate Director, Asia, Milken Institute InternationalQuintus Lim is an associate director of policy and programs for the International pillar at the Milken Institute. He focuses on policy areas such as R&D financing, technological adoption across domains such as health, food, agriculture, finance, and the broader economy, and issues of ecosystem building. -
FinTech: Impact in Focus
FinTech promises transformative potential—expanding financial inclusion, enhancing economic mobility, and unlocking opportunities for entire communities. However, the industry requires more robust frameworks for measuring and communicating...Read Report -
Analysis of the FinTech Policy Landscape
The Milken Institute FinTech Program is tracking the ongoing development of FinTech-related legislation introduced in the 117th Congress. The corresponding FinTech policy landscape tracker displays the entire list of bills, grouping them...Read Report -
Comment Letter: Policy on No-Action Letters and the CFPB Product Sandbox
In this letter, we provide initial reactions and thoughts with regards to both the proposed policy on No-Action Letters (NALs) and the Product Sandbox proposal, and propose several recommendations to further strengthen the proposal.Read Report
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FinTech in the Philippines: Assessing the State of Play
Strong fundamentals—including a youthful, urbanizing population, a rapidly growing economy and expanding middle class, and widening mobile and internet usage—will likely drive the digital transformation of the Philippine financial sector...Read ReportJS AGJohn Schellhase and Amos Garcia -
FinReg21: Modernizing Financial Regulation for the 21st Century
Regulation has a vital role in any financial system—and changes to U.S. financial regulation were clearly needed in the wake of the financial crisis. However, in a constantly evolving economy, discussion over the proper calibration of...Read ReportMB JM PSMichael Bright, Jackson Mueller, and Phillip Swagel -
FinTech: Who Regulates It and Why It Matters
This paper seeks to examine the implications of who should regulate FinTech, and how the answer may affect both company and consumer use of financial services. Given the scope and diversity of FinTech, the paper’s representation of the...Read Report -
FinTech: Building a 21st-Century Regulator’s Toolkit
From new digital payment systems and the use of digital or electronic currencies to the use of data analytics and the creation of online investment and finance platforms, FinTech developments are already having an impact on traditional...Read ReportCB DGChris Brummer and Daniel Gorfine
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