Just Economy Conference – May 13, 2021
Technology continues to transform our financial lives, at times perpetuating and deepening systemic inequities; at others, democratizing financial security in new and exciting ways. Change Machine continues to grapple with the opportunities and challenges that fintech holds for us as an organization and for the people we serve. As a result, we have learned many lessons and uncovered areas of further exploration.
One area of exploration is fintech accountability. As practitioners, how can we hold fintech accountable to not only protect, but promote the financial security of those who have been historically pushed to the margins of economic systems? Simultaneously, what assets do nonprofits bring to the table and what resources do we need in order to remove barriers to financial security, and shrink the gender and racial wealth gap?
In this session, we’ll apply a strong equity lens to the growing role of fintech in anti-poverty work. We will present Change Machine’s Data Equity Principles, covering themes of virtual service delivery, data ownership, advancing racial and gender equity in fintech and narrative change. Together, we’ll plot a future in which nonprofits play a leading role in tying the success of fintech to the success of the communities that we serve.