The Role of Payment Networks in Enabling Fintech Innovation and What Policymakers Can Do to Support It

EST
Wednesday, May 11, 2016 - 12:00 PM to 1:30 PM
Capitol Visitor Center SVC 215
1st Street NE
Washington, DC 20510

Fintech, short for financial technology, describes the trend of using of innovative technology to disrupt traditional financial institutions by creating new ways of making payments, managing wealth, issuing loans, providing insurance, and managing currency. While many Silicon Valley fintech startups have received significant media coverage, at the heart of this revolution are some of the financial industry’s most familiar names. In particular, the payment networks—the companies who provide the digital links that allow payments to flow between merchants, customers, and their banks—are leveraging their platforms to create a vibrant ecosystem for fintech innovation. Through their own internal solutions, as well as partnerships with others in the industry, they are improving consumer convenience, increasing payment security, and creating more economic value.

Join ITIF for a discussion on the future of fintech and what policymakers can do to support these innovations with top business leaders from Visa, Mastercard, American Express, and Discover.

05/11/2016 12:0005/11/2016 13:30America/New_YorkThe Role of Payment Networks in Enabling Fintech Innovation and What Policymakers Can Do to Support ItMM/DD/YYYY
Speakers: 
Randy Neugebauer
Representative (R-TX-19)
U.S. Congress
Keynote Speaker
Kyrsten Sinema
Representative (D-AZ-9)
U.S. Congress
Keynote Speaker
Daniel Castro
Vice President, ITIF, and Director, Center for Data Innovation
Moderator
Craig Gilbert
Vice President, Identity Solutions
MasterCard
Panelist
Kate Manfred
Vice President of Consumer Insights
Discover Financial Services
Panelist
Vijay Sondhi
Senior Vice President, Innovation & Strategic Partnerships
Visa
Panelist
David Wolf
Vice President, Digital Partnerships & Product Development
American Express
Panelist