Why a Biden Win Could be Good for Fintech
Public Policy & Regulation Partner Kara Ward was cited in a Banking Dive article describing the outlook for the fintech industry under a Biden administration. Between a pandemic-induced push for alternative banking and Democrat-backed initiatives focused on financial inclusion, she said fintechs could enjoy "golden years" under the new administration. Her comments were taken from Holland & Knight's Election 2020: Potential Impacts - Financial Services webinar hosted in October.
"I do think fintechs will probably have a couple of golden years here under Biden, as there's an effort to democratize and make more services available to folks who have been underserved in the past," she said.