How will innovations like Bitcoin, ApplePay and mobile payments change the dynamics of regulating the payment industry?
The Bipartisan Policy Center hosted a discussion analyzing how new technologies will impact consumers, businesses, financial institutions as well as state and federal oversight. The event also explored current policy and regulations, and whether additional reforms are needed to protect consumers, promote a fair marketplace and encourage further innovation and economic growth.
Superintendent Lawsky gave a keynote on the regulation of Bitcoin and other new payment technologies.
Keynote Address by:
Benjamin M. Lawsky
Superintendent, New York Department of Financial Services
Partner, Skadden, Arps, Slate, Meagher & Flom LLP
Former Assistant Secretary for Financial Institutions, U.S. Department of Treasury
Executive Vice President and Chief Economist, American Bankers Association
Vice President for Policy, Center for Financial Services Innovation
Executive Managing Director and Deputy General Counsel, The Clearing House