The reasons why COVID Means More FinTech

• 73% say fintech is the new normal for personal money management

What regulation is necessary to maintain this growth in consumer fintech use?

• solid regulatory framework to foster that growth while protecting customers’ data privacy and security
• clear rules
• rules must have a pro-technology mindset
• stakeholders input is crucial to enact robust data privacy and security measures to ensure an acceptable level of safety and soundness in digital financial transactions

CQ Roll Call via Governing | COVID Accelerates FinTech Adoption for Users and Companies