Your Money’s No Good Here:
Cashless Commerce vs Financial Inclusion
Tuesday, May 21, 2019
at the offices of Davis Wright Tremaine LLP
1251 Avenue of the Americas, 21st floor, New York, NY 10020
There is a strong push on the part of card companies and some merchants to eliminate cash in retail, citing reduced transaction times, crime, and worker headcount. But could cashless commerce deprive millions of unbanked customers from access to food and other goods and services? States and municipalities are starting to push back with proposals to restrict cashless commerce in New York City, New Jersey, Philadelphia and San Francisco.
We’ll use this latest skirmish as a starting point for a discussion on the ongoing battle for financial inclusion. What is the current status of efforts to provide financial services to the unbanked? Will mandating the acceptance of cash help or hurt these effort?
With special thanks to sponsor:
Andrew Lorentz, Partner, Davis Wright Tremaine LLP
Andrew Lorentz co-chairs DWT’s FinTech Practice. He focuses on the retail financial services sector and is particularly knowledgeable regarding mobile and other electronic payment systems. He has extensive experience in both the regulatory and commercial issues in retail payments and his clients include major banks and non-depository financial institutions, global technology companies, wireless carriers, e-commerce companies, and international retailers. Andy also has extensive experience with a wide variety of other transactions and regulatory matters both in the United States and abroad. He is a frequent speaker on a range of topics related to FinTech at numerous industry events.
Founder and head of the Digital Financial Services Observatory, at the Columbia Institute for Tele-Information, Columbia University
Dr. Leon Perlman is the founder and head of the Digital Financial Services Observatory, at the Columbia Institute for Tele-Information at Columbia Business School. The DFSO explores the policy, regulatory, technical, disruptive and commercial aspects of DFS, emerging payments, big data, and blockchain technologies. It is funded by the Bill and Melinda Gates Foundation.
A former scientist and successful entrepreneur, he has been in the telecommunications, payments and micro-payments industry for over 25 years. He currently heads the blockchain and infrastructure security workgroups for the new Financial Inclusion Global Initiative (FIGI). His expertise as a consultant and researcher extends to payments, anti-money laundering national payment systems, de-risking, risk frameworks, telecommunications, cyber-security, and blockchain technologies.
He concentrates on commercial, technical, policy, legal and regulatory aspects of these ecosystems and issues. He has consulted widely on financial inclusion and regulatory solutions to central banks, DFS service providers, payment service providers, MNOs, regulators, the World Bank, CGAP, GIZ, ITU, USAID, UNCDF,EIB, IFC and many philanthropic organizations. His experience spans over 30 developed and developing markets.
If you are unable to attend, all fees will be refunded. Refund requests must be received in writing, prior to 24 hours after the event. Please send refund requests to [email protected]
Networking & Drinks