Jennifer Tescher, founder of the Financial Health Network and a veteran in fintech, discusses the dual nature of financial technology. She highlights how some innovations, like automated savings, can benefit consumers, while others may not serve them well. The conversation dives into the complexities of earned wage access and the confusion consumers face regarding fees. Tescher also addresses the rising trend of financial instability in America and emphasizes the need for transparency in lending, especially for vulnerable borrowers facing economic challenges.
