On October 5, SpringFour had the privilege to participate on a Fintech Panel hosted by the Center for Financial Security at University of Wisconsin – Madison. The panel entitled “FinTech: Innovations for Family Financial Security” explored the potential for financial technology to address the needs of underserved consumers. This is obviously a topic close to the heart of all that we do at SpringFour, and we were excited to present our work and think together about how financial technology can continue to innovate in this segment.
We were joined on a panel by other financial technology companies including, Shift Savings, American Family Insurance, M1Finance, and SafetyNet. Each of us presented on our technology solutions, and how we specifically were addressing the needs of underserved consumers. After the panel, there was a lively discussion and Q & A with the audience.
The event also included keynote speaker, Ida Rademacher, Executive Director of Aspen Institute Financial Security Program. Her remarks centered on what is the role of FinTech for expanding financial inclusion, and how technology and policy can together address needs of the underserved.
It was an energizing day filled with big ideas. Lots of great discussion was had with students, community members, researchers, and leaders in the financial technology space. We’re excited to see innovative programs for students who want to address the needs of the underserved through new technology. It is also great for SpringFour to contribute to the conversation and share our story.
We know that we are bringing about real financial change to those who need it. Using financial technology to bring financial resources and opportunities to the underserved is essential. As technology becomes ever more prevalent in the financial services space, we can use it to break down barriers and bring services to communities and individuals who may not have had access before. SpringFour has been doing this since 2005, and is excited to continue to innovate in this space.
Katie Gottschall Donohue, Vice President, Strategy and Operations