Join the San Francisco Fed for a Virtual Event on August 25th
Join the San Francisco Fed on August 25 for a virtual event titled "Fintech, Racial Equity, and an Inclusive Financial System" to launch a new issue of Community Development Innovation Review. The event will explore the promises and pitfalls of fintech as a means of expanding financial inclusion and reaching underserved communities of color. Innovations in financial technology, or fintech, are changing the ways people interact with the financial system. With these changes comes the possibility of improving inclusion for those who currently lack access to the traditional financial system, including low-income communities and communities of color. But with new ways of doing business come new risks of perpetuating existing inequities or creating new ones. The program features Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco, in conversation with Ida Rademacher, executive director of the Aspen Institute Financial Security Program. Experts from across the community development and fintech spaces will discuss the risks and opportunities of financial technology innovation.