Fintech Future Coalition

We are a coalition of justice advocates, small businesses and fintech leaders.

[Fintech Future Coalition @fintech_future]

Regulators also need to engage with techniques, such as cash flow underwriting and alternative data, new credit models, and other technologies that hold out the promise to increase access and reduce bias in credit intermediation.” 3/3

[Fintech Future Coalition @fintech_future]

Really important comments from Michael Barr, Vice Chair for Supervision at the Federal Reserve. We couldn't agree more! 1/3 https://t.co/Eo9oKR1BAy via @FederalReserve

[Fintech Future Coalition @fintech_future]

“Regulators need to understand both human decision-making and market context in designing the right rules of the road. 2/3

[Cross River Bank @crossriverbank]

We kicked off the year 🦾 by supporting our #communites with multiple #financialliteracy workshops. We're looking for #evenmore ways to expand #financialinclusion this year! #FinancialResponsibility #DoMOREGood Read more: https://t.co/rjzOqieUV7

[Fintech Future Coalition @fintech_future]

Shocking but not surprising. This is why Fintech Future is in this fight. To level the playing field and give underserved communities equal access to the modern financial services we all need and deserve https://t.co/oY3Lm7mFjM

[Fintech Future Coalition @fintech_future]

Our statement on the FTX fraud:

https://t.co/ySrZT3N8Qq

[Cross River Bank @crossriverbank]

We answered the call of #Congress to help #smallbusinesses survive the pandemic & now count on @SBAgov to do the right thing & differentiate between those who helped & those that didn't do enough to deter #fraud. @ypgoldfeder @AmerBanker @reosti1967 https://t.co/d17AzJgxS3

[Cross River Bank @crossriverbank]

#PPP demonstrated the power of #fintech and the strength of our business model—fintech leveled the playing field and #CrossRiver was the leader. Our success was a culmination of 12 years of preparation and #stayingaheadofthegame. @SBAgov #FutureofFinance

[Fintech Future Coalition @fintech_future]

https://t.co/Hi5gum6CqM

[Fintech Future Coalition @fintech_future]

New Statement --> SBA’s Response to the House Select Committee on the Coronavirus Crisis Report

https://t.co/U1qXNIvLwl

[Fintech Future Coalition @fintech_future]

New Statement --> SBA’s Response to the House Select Committee on the Coronavirus Crisis Report

https://t.co/U1qXNIvLwl

[Fintech Future Coalition @fintech_future]

We thank Chairman Clyburn, the members of the committee, and its staff for their diligent work on this report and support any and all efforts to root out fraud, waste, and abuse in the PPP program and across the government and financial services sector.

https://t.co/r0kPoojwDX

[Laura V. Strickler @strickdc]

NEW: Executives at ‘fintechs’ made hundreds of millions handing out PPP Covid cash, report says https://t.co/B6ZIk2Dm2i via @nbcnews

[Fintech Future Coalition @fintech_future]

@TonyRomm @COVIDOversight Congrats on the incredible report Tony. See our statement here

https://t.co/r0kPook4tv

[Fintech Future Coalition @fintech_future]

Our statement here:
https://t.co/r0kPoojwDX

[Select Subcommittee on the Coronavirus Crisis @COVIDOversight]

Today, @COVIDOversight released a report detailing how certain fintechs tasked with delivering PPP funds to struggling small businesses likely disbursed tens of billions to ineligible or fraudulent applicants, while taking in billions in fees.
https://t.co/IMC0keOgl7

[Select Subcommittee on the Coronavirus Crisis @COVIDOversight]

Today, @COVIDOversight released a report detailing how certain fintechs tasked with delivering PPP funds to struggling small businesses likely disbursed tens of billions to ineligible or fraudulent applicants, while taking in billions in fees.
https://t.co/IMC0keOgl7

[Fintech Future Coalition @fintech_future]

Join us! https://t.co/dhYPLW1Lob

[Fintech Future Coalition @fintech_future]

Tomorrow, the @SenateBanking Committee is holding its confirmation hearing for @FDICgov leadership, including the permanent board chair. Fintech Future wishes to work with all regulators to promote financial innovation and inclusion 🧵🔽

[Fintech Future Coalition @fintech_future]

4/We hope that all regulators agree with these and many other studies that found Fintech filled the gap and reached communities that would have been left behind and will look at responsible fintech as a part of their economic opportunity agenda.

[Fintech Future Coalition @fintech_future]

3/During times of crisis, including the 2008 recession and the COVID-19 pandemic, traditional financial institutions failed to reach low-income and minority communities. Fintech stepped up...
https://t.co/xTyrm7KWxt