An Interdisciplinary Approach to Fintech
Financial technology (“Fintech”) continues to make new financial products and services available, while upending old rules. Regulators and market participants face challenges in understanding and...
On February 15, the Center on Finance, Law & Policy hosted “Fintech in the African Context” as
part of the University of Michigan’s Africa Week. Panelists discussed regulatory frameworks, barriers
to scale, and business models that respond to the...
In Banking on a Revolution: Why Financial Technology Won't Save a Broken System, U-M Professor Terri Friedline calls attention to systemic issues in society and the economy. Rather than separately dissecting issues, Professor Friedline groups these...
New FinTech collaborations boost Ford School’s financial policy offerings
The Ford School is expanding its offerings of financial policy courses with FinTech (financial technology) Policy and FinTech Entrepreneurship classes. Taught by professor of...
Center on Finance, Law & Policy Gates Foundation Senior Research Fellow and Ford School of Public Policy professor Adrienne A. Harris will speak at the first-ever Ross FinTech Challenge. This event is scheduled for 8:45-11 a.m. in Robertson...
The Center on Finance, Law, and Policy is proud to co-sponsor the Data Privacy and Portability in Financial Technology Symposium. Organized by students from the Michigan Technology Law Review, this event celebrates the law review’s 25th Anniversary...
Five U-M units are working together to create a new FinTech Collaboratory at the University as the result of a new gift from Ripple's University Blockchain Research Initiative. The University of Michigan's Center on Finance, Law, and Policy acts as...
New CFLP Senior Research Fellow Adrienne Harris will be teaching the following class in the Winter 2019 Term at the Gerald R. Ford School of Public Policy:
PubPol 750.302 Topics: Introduction to Financial Technology and the Future of Financial...
The University of Michigan Center on Finance, Law, and Policy and U.S. Office of Financial Research are pleased to host the following speakers for our third annual financial stability conference: FinTech Risks and Opportunities: An Interdisciplinary...
The Data Privacy and Portability in Financial Technology Symposium celebrates the Michigan Technology Law Review’s 25th Anniversary by hosting an event dedicated to cutting-edge scholarship at the intersection of technology and the law. Specifically, this symposium is designed to examine the inherent tensions between securing privacy rights and the ease at which transactions occur, facilitated by new innovative technologies.
This will be a presentation of two large-scale field experiments designed to test the hypothesis that group membership can increase participation and pro-social lending for an online crowdlending community, Kiva. The first experiment uses variations on a simple email manipulation to encourage Kiva members to join a lending team, testing which types of team recommendation emails are most likely to get members to join teams as well as the subsequent impact on lending. We find that emails do increase the likelihood that a lender joins a team, and that joining a team increases lending in a short window following our intervention. The impact on lending is large relative to median lender lifetime loans. We also find that lenders are more likely to join teams recommended based on location similarity rather than team status. Our results suggest team recommendations can be an effective behavioral mechanism to increase pro-social lending. In a second field experiment, we manipulate forum messages to explore the underlying mechanisms for teams to be effective.
In partnership with the Bill and Melinda Gates Foundation, this project explores the mandate and design of central banks to consider whether they might play an even stronger role in promoting financial inclusion, financial health, and a more inclusive...