Fintech Companies and Regulation

Former Securities Exchange Commission Chairman Arthur Levitt, Sarah Friar, chief financial officer at Square, and Scott Sanborn, CEO of Lending Club recently spoke on a panel about regulation for fintech companies and recent improprieties; Sanborn noted that sound corporate governance is not unique to fintech, referencing the Wells Fargo story; panelists discussed that regulation is always behind innovation and how regulators and fintech companies may strike a balance. Source