Mike Cagney
Showing 1–3 of 3 transcripts.
- Milken Institute53 min
The Future of Finance
David Faber, Mike Cagney, Brian Chin, Tom Farley, Louise Pentland, Igor Tulchinsky, Christian McGuire
Executives from SoFi, WorldQuant, PayPal, Credit Suisse, and the NYSE discussed how alternative data and AI are reshaping financial underwriting, regulatory compliance, and market efficiency. These leaders detailed specific implementations ranging from algorithmic bias reduction and predictive trading signals to hybrid human-AI models designed to maintain trust while processing billions of daily transactions. The panel concluded that future competitive advantages will stem from non-consensus data sources and community-focused engagement strategies that complement increasingly automated digital infrastructures.
- Milken Institute58 min
Modern Money: How Technology and Culture Are Changing How We Save, Spend and Invest
Lena Rao, Greg Baxter, Mike Cagney, Rebecca Lin, Adam Nash, Don Kwan, Greg D, Craig O, Stephanie Wong, Jr., Matthew Accarrino, Jr., Stephanie Hirschhorn, Jr., Rebecca Garcia, Matthew Panzarino, Zhang Zhuoijia, Caroline O
This panel discussion among leaders from Citi, SoFi, Wealthfront, and the CFPB analyzes how the financial behaviors of the $15 trillion baby boomer demographic and the 60 million millennials are forcing a shift from bundled traditional banking to unbundled fintech solutions. While legacy institutions like Citi pursue strategic acquisitions to capture younger consumers, non-bank competitors increasingly favor partnerships to maintain capital efficiency and avoid the regulatory burdens of full banking licenses. The conversation concludes with a consensus that the next five years will be defined by AI-driven automation, the demand for real-time payments, and a potential consolidation of the 7,000 U.S. financial institutions due to these structural and cultural pressures.
- Milken Institute1h 2m
Investing in Students
Sean Green, Mike Cagney, Dave Girard, Bob Whelan, David Bergeron, Bill Bennett, Tony Miller
Addressing the $1.3 trillion U.S. student loan crisis, panelists including David Bergeron and industry leaders from SoFi and Upstart proposed shifting from traditional lending to investment-based models like Income Share Agreements and equity financing. These alternative structures aim to align educational costs with future earnings and force institutions to accept financial consequences for poor student outcomes, thereby challenging the cultural resistance to viewing higher education as a quantifiable investment. While innovative platforms have demonstrated low default rates through community accountability and flexible repayment terms, the discussion concluded that widespread adoption remains hindered by federal regulatory ambiguity and institutional reluctance to forfeit guaranteed federal protections.