Fintech Innovation: Balancing Opportunities and Risks
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The financial services industry is evolving rapidly. Innovation is essential to its continued growth. However, innovation can also pose challenges for regulators, who must balance the need to protect consumers and markets with the need to allow for new and creative products and services.
This panel will discuss the challenges and opportunities of embracing innovation in financial services. The panelists will explore the following questions:
- What are the key trends in financial services innovation?
- How are regulators responding to these trends?
- What are the potential benefits and risks of financial services innovation?
- How can regulators and industry work together to ensure that innovation is beneficial to consumers and markets? How will the value and position of finance in society change?