FTA in the News

Financial Technology Association

Bloomberg Law: Tennessee’s Tax on Money Sent Abroad Hit With Fintech Lawsuit

A new Tennessee law imposing a fee on some international money transfers is an unconstitutional tax on cross-border payments, a financial technology industry group

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Financial Technology Association

Payment Dive: Tennessee levies tax on remittances

The Volunteer State will add a $10 tax for cross-border payments, and an extra 2% fee for some, under a new law drawing the

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Financial Technology Association

Capitol Account: Fed proposes new account for fintechs

The Fed proposed a new type of account for fintech firms, one day after Trump issued an executive order asking for a report on

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Financial Technology Association

Payment Dive: Trump order seeks to open Fed rails

The administration mandated a review of how the Federal Reserve and federal agencies can aid fintech firms through more central bank access.

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Financial Technology Association

Fox 5 Atlanta: Demystifying buy now, pay later with Miranda Margowsky

There’s a new national campaign to educate consumers more on buy now, pay later

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Financial Technology Association

Payments Dive: Senators query credit bureaus on BNPL

A group of Democrats wants to know how credit agencies are using buy now, pay later data and what changes may be planned in

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Financial Technology Association

Capitol Pressroom: Industry discusses NYS BNPL Proposal

The state’s financial regulators are in the process of implementing a law designed to regulate the evolving “buy now, pay later” lending industry. We

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Financial Technology Association

Inside Influence Podcast: The Evolution of Corporate Affairs with Penny Lee

Penny Lee, the CEO of the Financial Technology Association, talks about building an industry association from the ground up. She shares valuable insights on

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Financial Technology Association

Hoodline: Tennessee Takes Aim at Money Transfers to Fund Child Care Push

Tennessee lawmakers signed off Wednesday on a controversial plan to tax certain money transfers sent from the state to other countries, steering a slice

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Financial Technology Association

Payments Dive: Fintechs push bill for Fed payment rail access

The Payments Access and Consumer Efficiency (PACE) Act is designed to widen fintechs’ access to the U.S. electronic payments systems and lower the cost

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Payments Dive: How EWA improves workers’ lives

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Financial Technology Association

Marketplace: Why a 1% remittance tax could cost more than it seems

“Rather than helping stop illicit activity, it can actually help push transactions towards less regulated channels,” said Miranda Margowsky at the Financial Technology Association,

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