Financial Inclusion Symposium

BPI is hosting the Financial Inclusion Symposium on Tuesday, October 26 from 9:00 a.m.-1:45 p.m. EST.  The event will be held virtually given the ongoing disruption to travel due to COVID-19.

BPI’s symposium on financial inclusion will bring together leading policy experts from the regulatory agencies, academia, think tanks, financial institutions, and Capitol Hill for a candid discussion about “going the last mile” and increasing deposit account openings among unbanked and underbanked consumers.  Discussion panels will cover topics such as the institutional and consumer barriers to financial inclusion, different approaches to increasing financial inclusion and the scalability of those solutions, and potential ways in which policymakers can help increase inclusion.

NCRC’s General Counsel Brad Blower will be moderating the panel, “Pushing the Limits of Financial Inclusion: Regulatory and Credit Access Dimensions.” This panel will examine the role of regulatory agencies in addressing financial inclusion.  Specific topics discussed may include the role of the Community Reinvestment Act in incentivizing bank efforts to broaden financial inclusion; the role of capital regulation; the role of consumer protection and fair lending enforcement; and AML, BSA, KYC barriers to financial inclusion (lack of required identification, etc.)