FinTech Magazine December 2019 | Page 44

FINTECH FOR SOCIAL GOOD
LEADERSHIP

“ IF WE HAVE INCLUSION , BUSINESSES OPERATE BETTER , THEY REFLECT SOCIETY MORE BROADLY AND THEY ARE MORE SUCCESSFUL ”

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Tracey Davies , President of Money 20 / 20 and Rise Up founder
FINTECH FOR SOCIAL GOOD
Each of these three sessions saw the announcements of new and innovative approaches to offering financial services , focused more on the user than the delivery method . In the case of Uber , for example , Hazlehurst delivered a 35 minute ‘ Building Financial Services at Uber ’ update . He discussed how the ride-hailing firm is changing the way financial services are delivered to better fit customers ’ daily lives in the shape of new division , Uber Money . Schulman , taking the stage after Davies ’ introduction , discussed in detail the financial struggles faced by a large proportion of Americans and how , for PayPal , the provision of working capital and financial health and wellbeing is a fundamental objective .
“ They gave three very different perspectives that , together , really summed up the direction in which tech and innovation is heading ,” said Davies . “ There ’ s been a definite shift over the past few years that has seen the sector move away from ‘ shiny and new ’ technology – which , in this industry we all love – to
DECEMBER 2019