Next in our Transformation series, guest host Lucy Pearman talks with Jo Ann Barefoot about RegTech innovation from how regulators are using technology to how financial services need to urgently expand their experimentation and adoption rates.
Jo Ann Barefoot is CEO & Cofounder of AIR – the Alliance for Innovative Regulation – and host of the global podcast show Barefoot Innovation. A noted advocate of “regulation innovation,” Jo Ann is Senior Fellow Emerita at the Harvard Kennedy School Center for Business & Government. She has been Deputy Comptroller of the Currency, partner at KPMG, Co-Chair of Treliant Risk Advisors, and staff member at the U.S. Senate Banking Committee. She serves on the board of Oportun; on the fintech advisory committee of FINRA; on the Milken Institute U.S. FinTech Advisory Committee; and on the California Blockchain Working Group Advisory Board. Jo Ann previously chaired the boards of directors of the Financial Health Network and FinRegLab and served on the CFPB’s Consumer Advisory Board. She currently serves on the boards of FinRegLab and the National Foundation for Credit Counseling. Jo Ann cofounded Hummingbird Regtech and, in 2020, was named to the Fintech All of Fame by CB Insights. AIR was honored in Fast Company’s 2021 awards on World-Changing Ideas.
Lucy Pearman is the global leader for Protiviti’s TRANSFORM Risk and Compliance practice and focuses on innovating the field of risk management. She has more than 20 years of experience leading complex change initiatives across a variety of organizations to optimize their business performance through operational effectiveness, enhanced governance, process automation and emerging technologies.
01:47 Career journey
01:56 Alliance on Innovative Regulation
15:37 Top priorities for financial services innovation
21:45 Regulators and digital transformation
26:24 What truly smart regulation looks like
31:22 What are leading companies doing to get ready?
35:29 Rants & Revelations
41:32 Rapid Fire Round
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