On Friday, March 24, BPC hosted Innovation in Fintech, the first in a series of congressional staff briefings on key issues in fintech. The conversation touched on a range of issues including online lending, whether the United States should implement a “regulatory sandbox” to encourage financial innovation, the OCC’s special-purpose charter, and what it means to have a level playing field for regulators and banks. Panelists shared perspectives including that policymakers need to accept the failure of fintech firms and address issues of data sharing and consumer privacy. BPC was able to introduce varied viewpoints on important topics to congressional staff.
Managing Director of the Financial Solutions Lab, the Center for Financial Services Innovation
Executive Director, the Marketplace Lending Association
Executive Vice President and Head of External Affairs, Capitol One
Head of Operations at Digit
Director of Financial Regulatory Reform, BPC