Gerry Tsai, Federal Reserve Bank of San Francisco

Published: May 10, 2019, 4:56 p.m.

b'In our latest podcast, Keane Ehsani (WG \\u201920) is joined by Gerry Tsai, Director of Applications and Fintech in the Financial Institution Supervision and Credit Group at the Federal Reserve Bank of San Francisco (FRBSF) (https://www.frbsf.org). In this extensive interview, Gerry dives into the evolution of the Fintech industry and the U.S. regulatory response.\\xa0Gerry also discusses the FRBSF\\u2019s Fintech Navigate program, regulatory sandboxes, and the various regulatory regimes that apply to the use of consumer financial data. \\n\\nIn his Fintech role at the FRBSF, Mr. Tsai leads a team of analysts that focus on better understanding the opportunities and regulatory questions posed by the Fintech industry, as well as related impacts on the banking sector. \\xa0In his applications capacity, he oversees a team that reviews and acts on regulatory applications by banking institutions to engage in mergers, acquisitions, and other expansionary activities.\\n\\nMr. Tsai previously served both as Corporate Secretary and as Associate General Counsel for the Reserve Bank\\u2019s Legal Division where he focused on payment systems and bank regulatory matters.\\xa0Before joining the Reserve Bank, Mr. Tsai was vice president and counsel at a large financial institution in Los Angeles, and was an attorney with the Federal Reserve Board in Washington, D.C.\\xa0Mr. Tsai graduated from Johns Hopkins University and Boston University School of Law; he is admitted to the bar in California and Massachusetts.\\n\\nFederal Reserve Bank of San Francisco: \\xa0Fintech Navigate\\nhttps://www.frbsf.org/banking/fintech/navigate/\\n\\nU.S. Department of the Treasury: \\xa0A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation\\nhttps://home.treasury.gov/sites/default/files/2018-08/A-Financial-System-that-Creates-Economic-Opportunities---Nonbank-Financials-Fintech-and-Innovation_0.pdf'