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Tag Archives for: "payments"
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By Lauren Greenwood
In Data, Payments, Regulation, Uncategorized
Posted October 21, 2021

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 [...]

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By Lauren Greenwood
In Federal Reserve, Payments, Regulation
Posted August 11, 2021

FIN Urges Fed to Promote Competition in Card Payments Online

August 11, 2021 – Today Financial Innovation Now urged the Federal Reserve Board of Governors to adopt its proposed rule to promote competition in debit card routing networks online. In a [...]

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By Lauren Greenwood
In Data, Financial Inclusion, Regulation
Posted February 4, 2021

FIN Encourages CFPB to Empower Consumers with Technology and Data

February 4, 2021 – Today Financial Innovation Now urged the Consumer Financial Protection Bureau to move forward with a rulemaking to help preserve and expand consumer access to financial [...]

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By Brian Peters
In Federal Reserve, Financial Inclusion, Payments
Posted July 15, 2019

FIN to Federal Reserve: Expand ACH Payments to Improve Financial Inclusion

July 15, 2019 – FIN today urged the Federal Reserve to expand the operating hours of the ACH Same Day, which enables many new payment applications to interconnect with bank accounts. FIN’s [...]

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By Lauren Greenwood
In Federal Reserve, Financial Inclusion, Mobile, Payments
Posted December 14, 2018

Leading Technology Companies Call on Federal Reserve to Speed Payments for All Americans

December 14, 2018 — Financial Innovation Now today called on the Federal Reserve to lead the development of real-time payments infrastructure for the modern era, available for all Americans. The [...]

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By Lauren Greenwood
In Federal Reserve, Financial Inclusion, General News, Payments
Posted November 13, 2018

U.S. Faster Payments Council Announced

The Federal Reserve today announced the formation of the U.S. Faster Payments Council (FPC), a new industry forum organized to help promote faster payments in the United States. FIN has [...]

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By Lauren Greenwood
In Regulation
Posted July 31, 2018

FIN Welcomes OCC Fintech Charter Announcement

July 31, 2018 – The Office of the Comptroller of the Currency (OCC) today announced it will begin accepting applications for national bank charters from financial technology firms. FIN has [...]

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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 Brian Peters
In General News, Regulation
Posted July 19, 2017

FIN Commends New OCC Leadership for Commitment to Promoting Fintech Innovation

July 19, 2017 – Today Acting Comptroller of the Currency Keith A. Norieka affirmed the Office of the Comptroller of the Currency’s intent to accept fintech charter applications and to [...]

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By Brian Peters
In Legislation, Payments
Posted May 5, 2017

FIN Opposes CHOICE Act’s Repeal of Debit Reforms

May 5th, 2017 – Following yesterday’s Committee passage of the CHOICE Act, Financial Innovation Now expressed its significant concerns regarding language in the bill that repeals current [...]

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By Brian Peters
In Financial Inclusion, Payments, Regulation
Posted March 1, 2017

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 [...]

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By Brian Peters
In Regulation
Posted January 17, 2017

FIN Responds to Comptroller Curry’s Request for Feedback on Federal Fintech Charter

January 17, 2017 – Today Financial Innovation Now responded to Comptroller Curry’s request for feedback regarding the Office of the Comptroller of the Currency’s (OCC) proposal to [...]

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