FIN Response to CFPB Payments Data Orders
October 21, 2021 – Today FIN responded to CFPB orders sent to specific FIN member companies. The following statement is attributed to Brian Peters, Executive Director, Financial Innovation [...]
FIN to Fed: Don’t Raise Barriers to Payment Innovators
July 12, 2021 – Financial Innovation Now today urged the Federal Reserve to expand access to its payment systems to payment innovators with adequate regulatory oversight. The Federal [...]
FIN Outlines Artificial Intelligence Principles for Federal Bank Regulators
July 1, 2021 – Today Financial Innovation Now submitted comments to federal banking regulators outlining principles for the use of artificial intelligence (AI) in financial services. FIN [...]
FIN to Treasury: Re-open IRS Portal for Direct Deposit of Stimulus Checks
March 5th, 2021 – As Congress nears enactment of another round of stimulus payments, today Financial Innovation Now urged the Treasury Department to re-open the IRS portal for stimulus [...]
FIN Condemns Capital Violence
January 11, 2021 – The following statement can be attributed to Brian Peters, Executive Director, Financial Innovation Now: “FIN and its member companies strongly condemn the violence of [...]
FIN Calls on Congress to Help Small Businesses ASAP – Use Speedy Alternative Lenders to Distribute Stimulus Loans
March 19, 2020 – In response to the COVID-19 economic crisis, Financial Innovation Now today called on Congress to help small businesses immediately by using alternative lenders to help [...]
Release: FIN Consumer Survey on Payment Apps
Payment Apps Are a Vital Part of Everyday Life for Millions of Americans Two in three Americans (66%) use payment apps or have used them in the past Usage is common across all ages, urban and [...]
FIN Supports OCC and FDIC Rulemaking to Preserve Bank-Fintech Partnerships
February 4, 2020 – Financial Innovation Now filed comments with the OCC and the FDIC supporting both agencies’ efforts to restore national treatment of loans made available via [...]
FIN Member Companies Step Up to Help Workers During Government Shutdown
January 25, 2019 — Today in a letter to House Financial Services Committee Chairwoman Waters, Financial Innovation Now highlighted member company efforts to help workers affected by the federal [...]
Industry Group Releases Faster Payments Governance Framework Draft, FIN Urges Inclusive Approach
April 24, 2018 – Under leadership of the Federal Reserve, an industry group today called for public input on a draft proposal for a new payments governance organization that aims to facilitate [...]
FIN Executive Director Brian Peters Testifies Before Congress; Technology Can Help Financial Inclusion
January 30, 2018 – FIN’s Executive Director, Brian Peters, today testified before the House Financial Services Committee at a hearing about the opportunities and challenges of [...]
Upcoming Event – July 20th
Policy Forum Tech Tools for Small Business Financial Health How technology improves financial inclusion and empowers small businesses RSVP HERE July 20th 4:00PM – 6:30PM Google, Washington [...]
FIN Submits Policy Proposals to Senate Banking Committee; Calls for Financial Innovation National Strategy
April 13, 2017 – Today Financial Innovation Now submitted six policy recommendations to Senate Banking Committee Chairman Mike Crapo (R-ID) and Ranking Member Sherrod Brown (D-OH) in response to [...]
FIN Calls for Further Delay of Prepaid Rule, Exception on Digital Wallet Disclosures
April 5, 2017 – Today FIN filed comments in response to the Consumer Financial Protection Bureau’s proposal to delay implementation of its new rule on prepaid cards. The following statement [...]
FIN Welcomes CFPB Oversight of Consumer Access to Financial Records, Urges Industry Effort on Standards
FIN Welcomes CFPB Oversight of Consumer Access to Financial Records, Urges Industry Effort on Standards February 21, 2017 – Today Financial Innovation Now responded to the Consumer Financial [...]
FIN Statement on Passage of H.Res. 835
Tonight, the U.S. House of Representatives is expected to pass H.Res. 835, a resolution expressing the sense of the House of Representatives that the United States should adopt a national policy [...]
WSJ: Chip Card Nightmares? Help Is on the Way
There was a great article this week in the Wall Street Journal that examines the current state of EMV (technology that was developed back in the 80s, BTW). Click here to read.
FIN in the Financial Times
Brian Peters, Executive Director of Financial Innovation Now, was interviewed and quoted in a recent Financial Times article titled, “Washington steps up fintech oversight.” Click on [...]
FIN Statement on Treasury’s White Paper on Online Marketplace Lending
The following statement is attributed to Brian Peters, Executive Director: The Treasury Department and its partner agencies have produced an informative white paper that helps bring much needed [...]
FIN Statement Regarding Today’s Announcement from the OCC
The following statement is attributed to Brian Peters, Executive Director of Financial Innovation Now, in response to today’s announcement by the Office of the Comptroller of the Currency (OCC): [...]
FIN Statement Regarding Today’s CFPB Announcement
In response today’s announcement from the Consumer Financial Protection Bureau, the following statement is attributable to Brian Peters, Executive Director of Financial Innovation Now: [...]
Financial Innovation Now Submits Statements for the Record at House and Senate Hearings
This week, the House Committee on Financial Services held a full committee hearing titled, “Monetary Policy and the State of the Economy,” and heard testimony from Janet Yellen, Chair of the [...]
Op-ed: If Banks Fear Screen Scraping, Why Are They Fighting the Alternative?
This piece originally appeared on AmericanBanker.com. It was not that long ago, before the internet, when consumers were forced to conduct their banking by walking or driving to the nearest [...]
