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Credit

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By Josh Ackil
In Credit, Legislation
Posted June 30, 2020

FIN Supports Legislation to Provide Automatic PPP Loan Forgiveness to Small Businesses

June 30, 2020 – U.S. Senators Kevin Cramer (R-ND), Bob Menendez (D-NJ), Thom Tillis (R-NC), and Kyrsten Sinema (D-AZ) today introduced legislation to automatically forgive loans made to small [...]

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By Josh Ackil
In Credit, Regulation
Posted May 29, 2020

FIN Commends OCC Rule Promoting National Credit Access

May 29, 2020 – The Office of the Comptroller of the Currency today issued a rule to restore consistent, nationwide access to credit. The rule will help ensure regulatory clarity for loans [...]

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By Brian Peters
In Credit, Data
Posted June 13, 2019

Congress Unanimously Passes Legislation to Speed Credit Access via Digital Tax Data; FIN Priority Across the Finish Line

June 13, 2019 – The U.S. Congress today unanimously passed legislation to automate income verification through a modern digital interface at the Internal Revenue Service. FIN has advocated for [...]

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By Lauren Greenwood
In Credit, Financial Inclusion, Legislation
Posted October 2, 2018

FIN Joins Industry Groups Urging Congress to Pass IRS Modernization Legislation this Session

October 2, 2018 – Financial Innovation Now this week joined a coalition of industry organizations calling on Congress to pass legislation to modernize the Internal Revenue Service (IRS) to [...]

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By Lauren Greenwood
In Credit, Data, General News, Mobile, Payments, Regulation
Posted July 31, 2018

FIN Statement on U.S. Treasury Report on Financial Technology; Leading Innovators Praise Policy Goals

July 31, 2018 – The U.S. Department of the Treasury today released a report outlining a number of policy proposals to modernize federal financial services regulations. The Treasury report aligns [...]

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By Lauren Greenwood
In Credit, Mobile, Payments, Regulation
Posted July 24, 2018

U.S. Report on Financial Technology – Key Takeaways

The U.S. Government Accountability Office (GAO) recently released a report on the regulation of financial technology. The report, “Financial Technology: Additional Steps by Regulators Could [...]

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By Josh Ackil
In Credit, Legislation
Posted February 14, 2018

House Passes Lending Fix Legislation; FIN Urges Senate Consideration

February 14, 2018 – Tonight the House of Representatives passed, on a bipartisan basis, the Protecting Consumers’ Access to Credit Act of 2017, H.R. 3299, which restores consistency in lending [...]

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By Brian Peters
In Credit, General News, Legislation
Posted November 15, 2017

House Committee Passes Lending Fix Legislation; FIN Urges Swift Consideration on House Floor

November 15, 2017 – Today the House Financial Services Committee passed, on a bipartisan basis, the Protecting Consumers’ Access to Credit Act of 2017, H.R. 3299, which restores consistency in [...]

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By Brian Peters
In Credit, Legislation
Posted October 5, 2017

FIN Joins Broad Industry Coalition Supporting McHenry Warner Legislation to Ensure Access to Credit

October 5, 2017 – Financial Innovation Now today joined a broad coalition of industry organizations supporting legislation introduced by U.S. Rep. Patrick McHenry (R-NC) and Sen. Mark Warner [...]

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