October 10, 2018 – Financial Innovation Now today called on the Bureau of Consumer Financial Protection to promote better consumer disclosures through the latest technology.

In comments to the Bureau’s proposed changes to the Trial Disclosure Program, FIN states:

“FIN supports and is encouraged by the Bureau’s efforts to make the Trial Disclosure Program more clear and effective, simply because technological change can provide new methods of disclosure that enhance consumer protection … [w]hether it be via smartphone or voice-enabled digital assistants, consumers are taking advantage of many different technologies to more easily access their finances….”

A copy of FIN’s comment is available here: http://financialinnovationnow.org/wp-content/uploads/2018/10/fin-trial-disclosure-program-cfpb-10-10-18.pdf

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