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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
