The Role of FinTech in Unsecured Consumer Lending to LMI Individuals (Event, 9/29/22)
On Thursday, September 29, the Federal Reserve Bank of New York hosted a virtual event on the role of financial technology (FinTech) companies in unsecured consumer lending to low- and moderate-income households. Featuring FinTech lenders, researchers, regulators, and policymakers, the event explored existing and emerging models of unsecured FinTech consumer lending aimed at low- and moderate-income people, and covered the challenges and opportunities these models present.
Participants discussed the applications of FinTech lending to extend credit to both low- and moderate-income people and underserved areas, the challenges and opportunities that alternative data and new forms of FinTech lending present to prospective borrowers, and the changing regulatory landscape.
For more information, visit nyfed.org/community-development.
Видео The Role of FinTech in Unsecured Consumer Lending to LMI Individuals (Event, 9/29/22) канала TheNewYorkFed
Participants discussed the applications of FinTech lending to extend credit to both low- and moderate-income people and underserved areas, the challenges and opportunities that alternative data and new forms of FinTech lending present to prospective borrowers, and the changing regulatory landscape.
For more information, visit nyfed.org/community-development.
Видео The Role of FinTech in Unsecured Consumer Lending to LMI Individuals (Event, 9/29/22) канала TheNewYorkFed
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