Policy and Practice to Expand Access to Credit

Technology is transforming the banking landscape, but it is cost prohibitive for smaller institutions and can leave out borrowers who need access to capital the most. Recognizing that credit funds opportunity, the movement for inclusive credit is growing thanks to the MoreThanFair initiative that believes technology and data science can make lending more inclusive, transparent and fair.
Our guests today have been at the forefront of the movement for more inclusive credit.
Nicole Elam, President and CEO of the National Bankers Association, and Nat Hoopes, VP, Head of Public Policy and Regulatory Affairs at Upstart, are both involved in the More Than Fair initiative. They discuss how leveraging technology partnerships to expand access to capital and credit is essential to opening up opportunities for lower income and minority communities.
Join us as Jeff, Nicole and Nat discuss:
Why automated lending and online banking are particularly challenging for Minority Deposit Institutions and how the National Bankers Association and Upstart can help
How policy changes can encourage fair lending and push reforms to include more data to determine who is creditworthy
If you can’t build it or buy it, then the only way to compete is to partner with Fintechs