Fintech's Promise

The transcript discusses the current state and future of fintech, highlighting the challenges and opportunities in the industry. It emphasizes the importance of risk management and the role of trust in financial services. The conversation also covers the use of data in improving risk underwriting and the regulatory challenges faced by fintech companies. The potential for fintech to disrupt traditional banking through innovative approaches and customer-centric models is explored, along with the need for a more inclusive credit environment.

What is the speaker's perspective on the relationship between lenders and borrowers?

What does the speaker identify as a major flaw in traditional lending practices?

How does the speaker view the role of credit bureaus in the lending process?

What changes does the speaker suggest are necessary for the credit scoring system?