šŸ‡ŗšŸ‡ø in šŸ‡«šŸ‡· | financial consumer protection @oecd | formerly @cgap @worldbank @sffed @helloDCWP | personal account

Joined February 2018
20 Photos and videos
šŸŽ‰the updated principles on #financialconsumerprotection have officially been adopted by the @OECD and endorsed by the G20šŸŽ‰
In challenging economic times, financial consumer protection is more important than ever. The G20/OECD High-Level Principles on #FinancialConsumerProtection are the intl standard for FCP. They are now updated, adopted by @OECD and endorsed by #G20 ā„¹ļø oecd.org/finance/high-level-…
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I feel like, at this point... we know the answer??
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"If employers don’t want to go down that road, there is a perfectly good alternative: pay staff a decent living wage and leave them to it." ⁦@sarahoconnor_⁩ brilliant conclusion to a great piece! on.ft.com/3yGtGu1

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Looking forward to participating in a panel next week about consumer vulnerability, and sharing how regulators are working to support and protect financial consumers experiencing vulnerability
From consumer protection to regulation, financial inclusion to data innovations, @Consumers_Int's #FairDigitalFinanceForum, 14-18 March 2022, covers the most pressing issues consumers face in #digitalfinance world. Read moreāž”ļø: bit.ly/3tEm1In #WorldConsumerRightsDay22
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ā€œThere is a difference between making a user platform easy to use and creating a user platform that feels like a video game, that doesn’t feel like I’m taking a lot of risk" @FT on.ft.com/3lbCtgu

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chipping away at regulators' overreliance on disclosure, one RCT at a time. @pauldadams @stefanhunt, great to see your paper out in the JFE! sciencedirect.com/science/ar…

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Matthew Soursourian retweeted
Epidemics occurring in the last decade appear to have induced significant changes in the adoption of new financial technologies. But those behavioral changes are not equally striking everywhere. promarket.org/2021/08/10/the…
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What if the best way to improve financial health had absolutely nothing to do with #fintech or budgeting apps? #finhealth
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The new paper finds that medical debts are higher in poorer neighborhoods. In the lowest-income ZIP codes that researchers studied, people owed an average of $677. Those in the highest-income ZIP codes owed an average of $126. nytimes.com/2021/07/20/upsho…
"bUt it'S nOt cReDit!!!!" 🤪 h/t @timothyogden @financialaccess
Start March off right with my report for @newrepublic about the apps that promise to help low-income workers stabilize their finances merely by allowing them early access to their paltry wages — for a fee, of course. newrepublic.com/article/1614…
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"In the absence of regulatory guardrails, some programs can perpetuate, and in some instances exacerbate, the very risks providers claim to eliminate when displacing short-term creditors like payday lenders."
Matthew Soursourian retweeted
Are you passionate about privacy, security, or digital rights? CR's Digital Lab is now accepting applications for paid, non-resident fellows to uncover & solve for consumer harms in the digital world. 5/7 Deadline. H/T @SloanFoundation @craignewmark digital-lab.consumerreports.…

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"Also driving this rising debt load are soaring medical costs, the steep decline in pensions, growing housing expenses and low interest rates on savings. "
Lyon makes / the world takes 🤣
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Matthew Soursourian retweeted
The zombie economy shambled on. Tech built undeletable, always-on kill-switches, lo-jacks, and spyware into an ever-expanding constellation of devices, like laptops. theatlantic.com/technology/a… 20/
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dEMocRaTiZe fInAnCe!!! Lol. This is insanely irresponsible. The people targeted by a post like this are NOT the ones who should be investing in individual stocks. Pick a low-cost index fund, set it and forget it. Don't listen to @MileyCyrus. Don't @ me.
31 Mar 2021
Nothing is more important than investing in yourself. I want to spread ownership to as many people as I can, so I’m teaming up with @CashApp to give out $1 MILLION in stocks. Share your $Cashtag & favorite company name for your chance to ownšŸ“ˆ#INVESTINYOU #partner #15YearsofMiley
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Matthew Soursourian retweeted
Does anyone have any contacts at Yerer Hospital in Addis Ababa, Ethiopia? My father is hospitalized there w COVID & I’m having a hard time getting info. @DrTsion
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