Nobel Prize-winning economist explains how to fix fintech

Financial services, like many institutions, are losing Americans' trust. That's a problem. Economies depend on a healthy financial system, as became painfully evident during the 2008 financial crisis, and that system operates largely on trust—confidence that people can access the money in their bank accounts, that their investment accounts are secure, and that their trades will be filled at quoted market prices, to name just a few everyday financial interactions.