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How FinTech Can Increase Economic and Social Mobility

How FinTech Can Increase Economic and Social Mobility

October 18 at 10:00 am PDT/1:00 pm EDT

Traditional financial institutions have been successful in many ways, but they have struggled to meet the needs of millions of Americans in underserved communities. Too many households remain unbanked or underbanked. Too many small businesses do not have adequate access to capital for support and growth. FinTechs offers the promise of lower costs and greater innovation. However, financial regulators must remain vigilant about potential problems such as algorithmic biases in lending decisions. Traditional financial institutions, FinTech innovators, and financial regulators have an incredible opportunity to work together to harness the power of FinTech to increase economic and social mobility.


Michael Piwowar
Executive Director, Center for Financial Markets, Milken Institute


Rodney Hood
Member of the Board, National Credit Union Administration

Eugene Ludwig
Managing Partner, Canapi Ventures; former US Comptroller of the Currency

Jelena McWilliams
Chairman, Federal Deposit Insurance Corporation

Simon Paris
CEO, Finastra; Chair, World Trade Board