In a lengthy interview for Essence, Towsley Foundation Policymaker in Residence and Hope Credit Union CEO Bill Bynum spoke about his partnership with Netflix to highlight banking discrimination in a 3-part limited series called Banking On...
“The role of the central bank is undoubtedly evolving….The time is ripe for innovations that will advance financial inclusion” So concludes the final research paper of the two-year Central Bank of the Future research project, conducted by the Ford...
Promoting financial inclusion is a stated political goal in many countries, including among central banks. Central banks address financial inclusion in a variety of ways – through programming, international alliances, and as part of their formal...
Throughout his career in academia and in government, Ford School Dean Michael S. Barr has sought ways to help low-income people get better access to the financial system, and to change the financial system to work better for low-income...
Professor Terri Friedline's book, Banking on a Revolution, makes a compelling case for a revolutionized financial system that centers the needs, experiences, and perspectives of those it has historically excluded, marginalized, and exploited.
The University of Michigan's Center on Finance, Law & Policy and the Federal Reserve Bank of San Francisco are co-hosting the second “Central Bank of the Future” Conference on Monday-Wednesday November 16 – 18, 2020, and we hope that you can join us from 12-4 EST.
Traditionally, central banks have served three policy functions – monetary policy, payments systems oversight, and financial institution supervision. This conference will convene international experts and practitioners to examine how these core functions contribute to financial inclusion, poverty alleviation, and a more inclusive economy – and what could be improved.The conference contributes to a research initiative undertaken by the University of Michigan’s Center on Finance, Law & Policy, in partnership with the Bill & Melinda Gates Foundation to consider how the role of a central bank could evolve in the future and enable central banks to make greater contributions toward financial inclusion. Ultimately, the research intends to identify technologies, processes, or tools that could benefit a central bank in supporting public policy objectives related to inclusion, and consider whether other sectors, including philanthropy, might have a role to play in supporting the development of those tools. Registration to the event is free. Speakers and attendees will include individuals from standards-setting bodies, central banks and other financial regulators, and policymakers, as well as futurists and technologists, and other financial ecosystem stakeholders.For more information visit http://financelawpolicy.umich.edu.
