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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
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& Education

Media Advisory

New York Fed to Host a Virtual Event on the Role of FinTech in Unsecured Consumer Lending to Low- and Moderate-Income Individuals

September 15, 2022

NEW YORK—On Thursday, September 29, the Federal Reserve Bank of New York will host a virtual event on the role of financial technology (fintech) companies in unsecured consumer lending to low- and moderate-income households. Featuring fintech lenders, researchers, regulators, and policymakers, the event will explore existing and emerging models of unsecured fintech consumer lending aimed at low- and moderate-income people, and cover the challenges and opportunities these models present.

This event is presented by the New York Fed's Community Development team, which has three areas of focus: health, household financial well-being, and climate risk.

This virtual event is open to the public and the media, and all remarks are on the record. The event will also be recorded. For media inquiries, please contact Ellen Simon at the New York Fed, Ellen.Simon@ny.frb.org.

For more information, including the full agenda, see the event page. Those who wish to register for the virtual event can do so here.

Contact
Ellen Simon
(347) 978-3036
Ellen.Simon@ny.frb.org

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