Creating a Consumer-centered Financial Services Industry

Meredith Fuchs, who has worked with organizations like CFPB and large banks, is joining Plaid as General Counsel to advocate for consumer financial empowerment. She believes that there's a massive opportunity to create equity and opportunity in the financial services industry through fintech innovations. However, these innovations must be governed effectively to protect consumers when necessary. The recently announced Advanced Notice of Proposed Rulemaking by CFPB aims to set critical rules for the industry. Financial institutions, regulators, fintech companies, and consumers are all navigating this shifting landscape with a shared commitment to ensuring that the future for consumers is bright.