Bloom Off The A.I. Rose with Deirdre Bosa, Stuart Sopp & Trevor Marshall | Okay, Computer.
RiskReversal Pod
00:00
Navigating Regulations in the Fintech Industry
The speakers discuss the impact of increased regulations on fintech and challenger banks, acknowledging the challenges faced in complying with regulatory requirements. They emphasize the importance of ensuring consumer safety and providing value through legal and compliant technology. The chapter explores the challenges faced by the FinTech space in the public markets, the diversification efforts of SoFi, and the company's position compared to other players in the industry. They also discuss the investments made by cloud providers in the future of FinTech products and the benefits of adopting advanced models and machine learning in evaluating credit applications.
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