Fintech, Bigtech, and Financial Inclusion

Loretta Mester

Speech from Federal Reserve Bank of Cleveland

Abstract: Since the beginning of this conference series, the discussions have consistently been very topical, and the agenda for the next two days does not disappoint on that score. The conference will cover many of the hot issues confronting practitioners, academics, and policymakers as financial system innovation proceeds at a rapid pace. Today I will discuss the implications of digitalization for financial inclusion and some steps that need to be taken to ensure that digitalization helps to foster inclusion rather than promote exclusion. The views I will present today are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market Committee.

Pages: 16
Date: 2020-11-09
New Economics Papers: this item is included in nep-fdg, nep-fle, nep-ict and nep-pay
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