| Financial Technology Association
| Financial Technology Association
| Financial Technology Association
WASHINGTON, D.C. – The Financial Technology Association (FTA) today filed a brief opposing the Bank Policy Institute, Kentucky Bankers Association, and Forcht Bank’s motion to lift a federal court stay and indefinitely delay implementation of the Consumer Financial Protection Bureau’s (CFPB) open banking rule. FTA stressed that the plaintiffs are asking the Court to define […]| Financial Technology Association
| Financial Technology Association
| Financial Technology Association
| Financial Technology Association
| Financial Technology Association
| Financial Technology Association
Agency Signals Intent to Roll Back Consumer Financial Data Rights| Financial Technology Association
WASHINGTON, D.C. - The Financial Technology Association released the following statement on the Consumer Financial Protection Bureau’s motion for summary| Financial Technology Association
The Financial Technology Association (FTA) submitted a comment letter in response to the Department of Housing and Urban Development’s (HUD) Request for Information on Buy Now Pay Later (BNPL), underscoring the consumer benefits of BNPL products. BNPL products allow consumers to make small-dollar purchases without high fees or compounding interest. Each loan is underwritten individually,… The post FTA Submits Response to HUD RFI on Buy Now Pay Later appeared first on Financial Technology ...| Financial Technology Association
WASHINGTON, D.C. – The Financial Technology Association (FTA) today announced that innovative fintech and banking leader SoFi has joined the association as its newest Board Member. SoFi offers its members a one-stop shop for digital financial services, including tools to borrow, save, invest, spend, and protect their money. “SoFi is a trailblazer in digital finance,…| Financial Technology Association
WASHINGTON, D.C. – The Financial Technology Association (FTA) issued the following statement on the Advance Notice of Proposed Rulemaking (ANPR) released by the Consumer Financial Protection Bureau (CFPB) soliciting comments and feedback to guide reopened rulemaking under Section 1033 of the Dodd-Frank Act: “Open banking drives American innovation and competitiveness. A rule affirming consumers’ right…| Financial Technology Association
Innovative fintech companies are driving competition and giving consumers, small businesses, and investors lower-cost, easy-to-use, and transparent alternatives to legacy products. | Financial Technology Association
This summer, we’re excited to bring back Fintech Summer School, our annual video series featuring brief explainers from leading industry and legal experts on the policy issues shaping the future of financial services. From future-ready regulations and bank-fintech partnerships to open banking, data privacy, AI, and faster payments, each installment offers clear, timely insights into…| Financial Technology Association
The Financial Technology Association is a network of leading fintech companies shaping the future of finance.| Financial Technology Association
Fintech as the Catalyst for Innovation| Financial Technology Association
Fintech better meets Americans’ financial needs and provides users with a greater sense of control than legacy financial products. WASHINGTON, D.C. – The Financial Technology Association today released a new “State of Fintech” survey, conducted in partnership with Morning Consult, assessing the value of fintech to consumers and small businesses. The survey revealed high levels…| Financial Technology Association
Outlines policy recommendations to ensure the U.S. remains the home of financial innovation| Financial Technology Association
WASHINGTON, D.C. – The Financial Technology Association (FTA) and six other trade associations today wrote to Senate Finance Committee leaders Mike Crapo (R-ID) and Ron Wyden (D-OR) urging them not to include a remittance tax and citizenship verification requirement in the upcoming reconciliation bill. The trades argued that this provision is a massive invasion of…| Financial Technology Association
WASHINGTON, D.C. – The Financial Technology Association (FTA) today filed a motion to intervene in the lawsuit brought by the Bank Policy Institute (BPI) and Kentucky Bankers Association challenging the Consumer Financial Protection Bureau’s (CFPB) Section 1033 open banking rule. By moving to intervene, FTA seeks to preserve consumers’ right to securely access and control…| Financial Technology Association