Conference | Past Event | June 07 2022 – June 08 2022

Breakthroughs in technologies such as blockchain, cryptocurrencies, mobile banking, investment apps, and digital credit are rapidly changing the global financial ecosystem and driving the creation of novel business models. The fintech revolution holds the promise of not only improving access and usage, but also of expanding the financial health and resilience of businesses and vulnerable populations; yet our understanding of many of its consequences has not kept pace with innovation.

The Lab for Inclusive Fintech (LIFT) and the Digital Credit Observatory (DCO) at the University of California, Berkeley, co-hosted an event on June 7-8 that brought together researchers, implementing partners, and policymakers to explore whether and how digital financial technologies can benefit underserved populations around the world.

The two-day event featured novel research and stakeholder panels that brought together new ideas and expertise across public, private, and NGO sectors to guide the next generation of studies, frame industry conversations and objectives, and inform policymaking.

LIFT is led by the Institute for Business & Social Impact (IBSI), with generous support from Ripple Impact and Binance Charity. The DCO is managed by the Center for Effective Global Action (CEGA) and supported by the Bill & Melinda Gates Foundation.


Tuesday, June 7th, 2022

The Impact of Digital Credit in Developing Economies: A Review of Recent Evidence

Jon Robinson, UC Santa Cruz
Recording, Slides, Paper

Data Privacy and Applications for Responsible Innovation in Digital Financial Services

Joshua Blumenstock, CEGA & UC Berkeley
Nitin Kohli, CEGA
Recording, Slides

Consumer Protection & Women’s Economic Empowerment via Digital Financial Services

Too Fast, Too Furious? Digital Credit Delivery Speed and Repayment Rates

Silvia Prina, Northeastern University
Recording, Slides, Paper

Can Transparency Build Trust in Banks? Experimental Evidence from India

Simone Schaner, University of Southern California
Recording, Slides

Evidence of Digital Financial Services Impacting Women’s Economic Empowerment

Rachel Heath, University of Washington
Recording, Slides

Wednesday, June 8th, 2022

Keynote Address

Makhtar Diop, Managing Director, International Finance Corporation (IFC)

Financial Technology and Key Priorities for Policy and Knowledge Agendas

Chair: Paul Gertler, Professor, UC Berkeley
Arturo Franco, Senior Vice President, MasterCard Center for Inclusive Growth
Bill Maloney, Chief Economist, Latin America and Caribbean Region, World Bank
Eric Parrado, Chief Economist, Inter-American Development Bank
Ken Weber, Head of Social Impact & Sustainability, Ripple

Fintech, Blockchain, and a New Era of Emergency Aid and Cash Assistance

Chair: Ken Weber, Head of Social Impact & Sustainability, Ripple
Dante Disparte, Chief Strategy Officer & Head of Global Policy, Circle
Jorge Fernandes, Innovation Accelerator Strategic Advisor, World Food Program
Elizabeth Li, Deputy Director, Binance Charity
Scott Onder, Senior Managing Director, Mercy Corps Ventures
Christian Pennotti, Sr Director, Market Based Approaches, CARE

Financial Health and Social Impact – The Role of the Private Sector: New Data, New Players, New Technologies

Chair: Denis Medvedev, Director of Economic Policy Research, IFC
Gabriel Jimenez, Chief Operating Officer, Reserve
Lisa Nestor, Chief Strategy Officer, Airtm
Bryan Pon, Director of Strategy, Kiva
Luz Elena Tellez, Chief Risk Officer, RappiCard Mexico

Keynote Address

Sophie Sirtaine, CEO, CGAP

Big Data and Artificial Intelligence to Expand Access to Credit

Chair: David Sraer, UC Berkeley

Leveraging Detailed Payment History Data for Better Credit Scoring Methods to Improve Women’s Access to Credit

Paolina Medina, Texas A&M
Recording, Slides

Welfare Sensitive Credit Scoring in Nigeria: Preliminary Results

Suraj R. Nair, UC Berkeley
Recording, Slides

Improving Households’ and Individuals’ Financial Health and Resilience

Chair: Laura Tyson, UC Berkeley

Digital Collateral

Paul Gertler,  UC Berkeley
Recording, Slides, Paper

Subsidized Financial Investments, Homeownership, and Upward Mobility

Ulrike Malmendier, UC Berkeley
Recording, Slides 

Fintech Innovation and Leveraging ML/AI to Promote Financial Access During Pandemics

Przemyslaw Jeziorski, UC Berkeley
Recording, Slides

SMEs: Technology Adoption and Data Science

Chair: Eric Parrado,  Inter-American Development Bank

Economic Impacts of COVID-19 on Small and Medium Enterprises in Latin America

Sean Higgins, Northwestern University
Recording, Slides

Why Are Firms Slow to Adopt Profitable Business Practices? Evidence from a FinTech Product in Mexico

Waldo Ojeda, Baruch College
Recording, Slides

Binance-LIFT Blockchain for Social Good Initiative – Big Ideas

Carbon Pricing DOAs: Ando Shah, UC Berkeley

Madojo: Victor Inya Okoro, Daniel Huang, and Joshua Iokua, UC Berkeley
Recording, Slides