Conference strives to define, understand ‘fintech’ impact on banking future

With the formation of its “office of innovation” and the apparent imminent introduction of a “tech lab” as background, the federal insurer of bank deposits plans a “fintech and the future of banking” conference next month, kicked off by the agency chairman and the Treasury Secretary.

The Federal Deposit Insurance Corp. (FDIC) said Tuesday in release that it would sponsor the conference April 24 at its facility in Arlington, Va. The one-day conference – co-sponsored with the agency by Duke University – is offered at no charge, but space is limited.

According to the FDIC, the conference will focus on how financial technologies will shape the future of banking and financial services. FDIC Chairman Jelena McWilliams and Treasury Secretary Steven Mnuchin will open the event with a “conversation about the role of financial technology and innovation in banking,” the FDIC said.

Other topics addressed at the event will include regulatory innovation, data and technology in lending, the competitive landscape of 2019 and the future, funding fintech, and financial advice and consumer decision making. Presenters and moderators for the various sessions include regulators (from the FDIC, Consumer Financial Protection Bureau (CFPB), and Federal Reserve), academics and journalists.

Fintech and the Future of Banking (agenda and registration)