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New Immigrants Arriving in the US Don't have Established Credit Histories, Preventing them from Accessing Many Financial Services, Fintech Execs Explain


March 10, 2021 @ 7:06 pm By Omar Faridi
Immigrants who might not have an established credit history may be able to take advantage of advancements in Fintech that provide tools to help these people become homeowners and gain employment as well, according to industry professionals.
As first report by CQ Roll Call, new immigrants have to face challenges upon their arrival to  countries like the US. The barriers may include them not knowing the language or even facing discriminatory policies. Fintech specialists have pointed out that immigrants are unable to gain access to the credit required for covering basic expenses such as renting out an apartment, acquiring an autonomile loan or getting a mobile phone. ....

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Innovation and regulation in the digital age - Interview with Jo Ann Barefoot, AIR


Interview
Innovation and regulation in the digital age - Interview with Jo Ann Barefoot, AIR
Wednesday 13 January 2021 08:34 CET | Editor: Oana Ifrim | Interview
Jo Ann Barefoot, CEO and Cofounder of the
Alliance for Innovative Regulation, shares her thoughts about digitisation, regtech, digital identity, financial inclusion, and how the new technologies are transforming financial regulation
Could you please tell us what drew you to fintech and regtech? Please let us know what kind of personal and professional journey you had along the way that led you to become such an important voice of the industry.
I’ve spent my whole career working with financial regulation as a US bank regulator, a staff expert for the US Congress, and in the private sector.  I’ve focused mainly on regulatory efforts to promote consumer protection and financial inclusion. Several years ago, I spent two years at Harvard University as a senior fellow, researching financial ....

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