Adapting to the Changes Facing the Fintech Industry
By: Michael Day, LEND360
With LEND360 just around the corner, we have an incredible conference in store reflecting the industry’s tremendous growth. Online lenders currently originate approximately $40 billion in consumer and small business loans in the U.S., doubling every year since 2010. As the industry becomes more established this creates a whole new landscape. Now is the perfect time for our industry to come together. It’s our goal at LEND360, through the 150 plus speakers and over 45 sessions planned, to help you adapt to the changes facing the fintech industry, including: 
How will the Equifax Data breach impact the fintech industry?
It’s estimated that 143 million were impacted by the data breach, this has triggered a whole host of actions from Congress and regulators. We will have key Washington insiders discussing what lies ahead.  Also on hand will be leaders from the alternative data community to discuss industry perspectives as well as a special panel on cybersecurity.
Is a National Fintech Charter on the horizon?
Earlier this year the OCC announced a new initiative aimed at creating a National Charter for fintech firms. Since this announcement, other federal agencies have joined the discussion. To help sort out where this effort is going and what a charter may entail, we’ve assembled a panel of experts to help answer many of the questions surrounding efforts towards a National Fintech Charter.
Where are fintech bank partnerships headed?
One of the great success stories has been the partnerships that have developed between fintech firms and traditional financial institutions. To assess the future of these relationships and some of the challenges that may lie on the horizon we have a broad cross-section of industry leaders to provide all perspectives on the subject.
What does the regulatory environment hold?
With the growth of the industry has come more and more interactions with federal regulators. At times these can be challenging as both the industry and the agencies develop a working relationship. To help demystify this process, we have assembled a panel of representatives from the major federal regulators allowing you to hear directly from these entities to aid in fostering a better understanding of their role in working with the industry.
These are just a few of the many questions that we as an industry are searching for a path forward. Whatever your company’s business model, with over 30 hours of content featuring many of the leading industry voices offering their perspectives, LEND360 stands to help you find the right tools for your business to succeed. The fintech industry is changing how financial services are delivered, creating new products for consumers and small businesses with projected growth estimated by some to reach nearly $300 billion by 2020, others seeing as much as $1 trillion by 2025 in online loans, there is great reason to be excited for what lies ahead. We at LEND360 look forward to supporting new and innovative ways for the industry to grow.