FinTech, Financial Inclusion – and the Potential to Transform Financial Services 
A conference hosted by the Federal Reserve Bank of Boston, with the Aspen Institute
Federal Reserve Bank of Boston
October 17, 2018
8:30 A.M. - 12:30 P.M.
Registration is now closed.
Recent developments in FinTech— from artificial intelligence to blockchain technology—coupled with an increasing understanding of the financial challenges facing underserved and ‘unbanked’ Americans, provide an environment ripe for the expansion of new FinTech innovations that could transform financial services in the United States.
On October 17, the Boston Fed and the Aspen Institute will bring together thought leaders from the business, nonprofit, and public sectors for a half-day conference to explore the challenges and opportunities at this intersection of the FinTech and financial inclusion space.
Leaders and content experts in technology, finance, FinTech, insurance, government, nonprofit, and academic circles will find this to be an enriching conversation— to which the Aspen Institute Financial Security Program will bring its deep knowledge of the issues surrounding disadvantaged populations, while the Boston Fed will draw on its FinTech and regulatory expertise, relationships with firms driving FinTech innovation, and understanding of the challenges facing low- and moderate-income communities.
Sponsors
Agenda
8:30 a.m. - 8:40 a.m.
Welcome
Senior Vice President and Chief Financial Officer
Federal Reserve Bank of Boston
Vice President & Executive Director
The Aspen Institute; Financial Security Program
8:40 a.m. - 9:10 a.m.
The Role of the Federal Reserve in Promoting Innovative Inclusion
Panelists:
Senior Vice President & Community Affairs Officer
Federal Reserve Bank of Boston
Senior Vice President, Treasury & Financial Services
Federal Reserve Bank of Boston
Lead Markets Specialist
Federal Reserve Bank of Boston
Vice President & Executive Director
The Aspen Institute; Financial Security Program
Moderator:
Senior Vice President and Chief Financial Officer
Federal Reserve Bank of Boston
9:10 a.m. - 9:40 a.m.
Session 1 - The Mainstreaming of Financial Insecurity in America
This session will ground the day’s conversation in the financial realities of American households and identify the drivers of financial vulnerability today. Is financial vulnerability the new normal in the US?
Panelists:
Michael M. Koerner (49’) Professor of Entrepreneurial Finance, MIT Sloan School of Management; Chair of the MIT Sloan Finance Department
MIT Sloan
Officer, Financial Security and Mobility
The Pew Charitable Trusts
Moderator:
Executive Director
Commonwealth
9:40 a.m. - 10:30 a.m.
Session 2 – The New Dimensions of Supply: What is Driving Change in the Financial Services Market?
This session will unearth the main drivers of change in the financial services. What kinds of innovation are disrupting the financial service market and why? What market are the products being designed for and by whom? Where are tensions rising between new technologies that can solve consumer problems and regulations meant to protect consumers?
Panelists:
Chief Executive Officer
Vault
Chief Impact Officer
EARN
Global Government Relations and Public Policy
Square
Chief Executive Officer
Earnin
Moderator:
Principal
Investment, Omidyar Network
10:30 a.m. - 10:40 a.m.
10:40 a.m. - 11:10 a.m.
Break
11:10 a.m. - 12:10 p.m.
Session 3 – Creating the Environment to Innovate for Inclusion
This panel will bring together the earlier discussions on supply and demand to examine the state of financial security and the state of markets. If they are not on the same path, how do we align them? What are the opportunities for collisions across inclusion (demand) and supply (innovation)? What are the incentives, institutions, and other environmental necessities to accelerate the collisions we need to increase financial security in the US?
Panelists:
Associate Director for Consumer Education
Bureau of Consumer Finance Protection
Chief Executive Officer
FinRegLab
Vice President of Innovation and Policy
Center for Financial Services Innovation
Former Head of Project Catalyst
Formerly Consumer Financial Protection Bureau
Moderator:
Senior Director, Legal
Juvo
12:10 p.m. - 12:30 p.m.
Contacts
General Information
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