June 10, 2016

Roundtable Roundup: FSR LAUNCHES TECH COLLABORATORS PROGRAM

This week, FSR launched its new Tech Collaborators Program to bring together leaders from the financial and technology industries to envision the long-term future of the financial industry and to collaborate on innovative FinTech projects.

Roundtable Roundup: FSR LAUNCHES TECH COLLABORATORS PROGRAM
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Roundup Newsletter

Roundtable Roundup is FSR’s public-facing newsletter featuring the latest insights on financial services issues on Capitol Hill, action in the Dodd Frank regulatory space and updates on FSR events.

 


FSR LAUNCHES TECH COLLABORATORS PROGRAM

This week, FSR launched its new Tech Collaborators Program to bring together leaders from the financial and technology industries to envision the long-term future of the financial industry and to collaborate on innovative FinTech projects. “Technology is changing the world and what customers demand at lightning speed,” said FSR CEO, Tim Pawlenty. “Financial and technology companies competing and forming partnerships benefits consumers and we look forward to creating forums to enhance these opportunities.” Early adopter Tech Collaborator companies include: BOX, Coinbase, Cyclance, Data Boiler Technologies, FiTeq, Flashpoint, ForeScout, Fundation, FutureAdvisor, Kersplody, Linkedin, Microsoft, MobileIron, Palantir, @Pay, Payable, SAP, Salesforce, ZeroFOX, and Zignal Labs, in addition to FSR member companiesFSR kicked-off the Tech Collaborators Program at a rooftop reception on Monday, and hosted a program on Tuesday featuring a keynote address on innovation and FinTech from Chief Deputy Whip Patrick McHenry. Wells Fargo, IBM, Data Boiler Technologies, Zignal Labs and ZeroFOX also participated in discussions and demonstrations. Scott Stewart, the leader of the Tech Collaborators Program for FSR, also penned a blog laying out the Collaborator’s innovative focus and how FSR, as a CEO organization for the largest financial institutions, is in a unique position to lead this kind of forum.

FSR ANNOUNCES FINTECH IDEAS FESTIVAL

FSR also announced its FinTech Ideas Festival, a futuristic event that will bring together world leaders at the CEO-level in the financial services and technology communities. The event will be in January 2017 in San Francisco, in partnership with TechNet and is for CEOS, by invitation only. “Sometimes the best ideas come about when people with different perspectives and experience engage in new ways. We see the FinTech Ideas Festival as a way to accelerate our respective and new efforts to make a positive impact on people’s lives,” said Ajay Banga, President and CEO of MasterCard. Interested in learning more? WATCH HERE.

PRESIDENTIAL FOCUS SERIES WEEK 2 RECAP: HOUSING FINANCE REFORM

Last week, FSR’s Presidential Focus Series continued with a big push on housing finance reform. We asked the presidential candidates five questions and urged them to lay out their plans for housing finance reform, including a plan to replace Fannie Mae and Freddie Mac to strengthen America’s housing finance system and protect taxpayers. “Since 2008, Fannie Mae and Freddie Mac have been in ‘conservatorship’, which leaves taxpayers at risk for future bailouts while providing no long-term solution to ensure consumer access to stable mortgage credit in the future. The presidential candidates have an opportunity to better protect taxpayers and help consumers by making housing finance reform a top priority,” said FSR’s Housing Policy Council President John Dalton. Secretary Dalton also penned an op-ed in HousingWire on the need for housing finance reform. Full recap of the week’s events here. Stay tuned next week as we focus on enhancing financial inclusion and financial literacy.

FSR TO HOST JUNE 15TH WORLD ELDER ABUSE DAY LIVESTREAM EVENT

To recognize World Elder Abuse Day, FSR will host a livestream discussion focused on protecting the finances of the elderly.  The discussion will take place on June 15th from 10:30 a.m. to 11:30 a.m. ET. Panelists include Eric J. Thomas, Allianz, Shawn Scholz, Ameriprise Financial, and Naomi Karp, Consumer Financial Protection Bureau. FSR’s Jill Hoffman will moderate the discussion. Learn more here.

JOIN FSR FOR SOME UPCOMING EVENTS

June 15: 2016 CSR Leadership Awards

June 17: Save 10 Hartford, CT-Better Serving Your Employees: New Ideas for Enhancing Retirement Security

June 24: Financial Services University: Innovations in Consumer and Business Lending

July 12: The Pension Protection Act: 10 Years Later

FSR MEDIA BUZZ

Inside Cybersecurity: Financial leaders promote security benefits of big-data analytics, stress privacy challenges

The Hill: US-EU business groups form new coalition to improve regulatory cooperation

WEEKEND READ

FSR Tech Collaborators—Who Needs It Anyway?

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