FIN Welcomes CFPB Delay on Prepaid Rule
March 9, 2017 – Today the Consumer Financial Protection Bureau announced a proposal to delay implementation of its new rule on prepaid cards, including consideration of substantive changes [...]
FIN Expresses Significant Concern with Iowa Digital Wallet Tax
March 1, 2017 – Today Financial Innovation Now expressed significant concerns with an Iowa proposal to tax digital wallet transactions. In a letter to the Iowa House Judiciary Committee, FIN [...]
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 Praises Fed’s Faster Payments for the Underbanked
January 26, 2017 – Today Financial Innovation Now praised the work of the Fed’s Faster Payments Task Force, in particular its benefits to the financially underserved. The Task Force today [...]
Comptroller of Currency ‘moving forward’ with fintech charters; FIN statement
December 2,2016 – Today the Office of the Comptroller of the Currency (OCC) confirmed it would ‘move forward’ accepting fintech charter applications, and issued a white paper [...]
Op-ed: Mobile financial technology can level the playing field for underserved consumers
The following piece originally appeared on TheHill.com: Low-income households can pay ten times more than affluent households for the most basic bank services, like cashing a paycheck, paying a [...]
FIN Submits FDIC Comments re: Mobile Financial Services Strategies
Today, Financial Innovation Now submitted comments to the FDIC for its request for comments on Mobile Financial Services Strategies and Participation in Economic Inclusion Demonstrations. Click [...]
White House Releases Report on Financial Inclusion
Today, the White House released its report from the Council of Economic Advisors on financial inclusion in the United States. The report highlights the use of technology in financial services as [...]
