Louise Smith on why the Power of Banks Hurts us All
Joining us at the FF Salon for Sibos 2022, we talk to Louise Smith, Chair of the Board at Innovate Finance, about antiquated methods of building credit and why they cannot work for modern homebuyers. Louise gets candid about the state of the current banking system and how it is upheld by finance leaders apprehensive of letting go of the power they have built up through those old structures.
“The pie has always been the same, and it needs to be redistributed better, which means some need to lose a bit of what they own,” said Smith.
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