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Hot Takes from Fintech Xchange: Diving Right in with U.S. Bank and Fintech Nexus

Breaking Banks

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Rethinking Financial Health Metrics

This chapter explores the potential for creating a financial health metric to hold institutions accountable for customer outcomes, questioning the effectiveness of current systems like the FICO score. The discussion emphasizes consumer-facing financial health scores, the role of advanced technology in improving outcomes, and the need for innovative fintech solutions. Additionally, it reflects on generational attitudes towards financial health, the challenges faced by current and future founders, and the responsibility of younger generations to drive change.

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