Big data and fintech: a solution to financial exclusion?

CEPS-ECRI conference in cooperation with BEUC and EFIN.

The aim of the conference is to explore, from the perspective of financial inclusion, both the potential risks and benefits for everyone in society of innovations in financial services products and delivery systems, encompassing big data and fintech. The underlying question is whether regulators should act in anticipation of these developments, and if so, what actions will best guarantee a positive outcome, without stifling innovation.

Each of the panels will focus on the following three questions:

• What are the financial inclusion issues?

• How Big Data & Fintech can address the problem?

• Risks and opportunities

These issues will be debated with experts from across the payment, insurance and credit segments, including the European Commission, the European Parliament, the US National Association of Consumer Advocates, the National Bank of Belgium and several representatives from consumer oganisations, Fintech startups and leading universities.