Episode
Interview: Brooking’s Aaron Klein on Faster Payments, Consumer Credit & the Fed
- Podcast
- Fintech Business Podcast
- Published
- Sep 16, 2026
- Duration seconds
- 3667
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Summary
In this episode, I had the chance to chat with the Aaron Klein, the Miriam K. Carliner Chair and senior fellow in Economic Studies at the Brookings Institution. Aaron and I had a wide-ranging discussion on consumer payment and consumer credit regulation and public policy, including: * Why, despite the existence of The Clearing House RTP and FedNow, U.S. consumers don’t have widespread free or low-cost access to instant payments * The link between remote deposit capture, plane loads of checks, and 9/11 * Consumer credit and small-dollar lending, including overdrafts, payday loans, and fintech apps such as EarnIn, Dave, and MoneyLion * Why someone with a bank account would use a check casher * And much more! A reminder, if you’re enjoying this show, please follow, rate & review on your preferred podcast platform, as it really helps others to find the show. And if you want to help support Fintech Business Weekly and independent journalism, upgrade to a paid subscription or reach more than 93,000+ listeners by sponsoring an episode. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe