A divided Washington faces the task of finding common ground to tackle these pocketbook challenges. Supporting an open and competitive economy should be a
At the summit, which took place in Washington, D.C., fintech leaders and researchers made their case that fintech has made a difference in enabling
“A second panel, the day before, featured payments leaders and their thoughts about the industry’s future. Naturally, FedNow came up. Nick Catino, Head of
The Consumer Financial Protection Bureau kicked off a rule-making process Thursday to give consumers more control over their financial data, a step toward an
Penny Lee, chief executive officer of the Financial Technology Association whose members include PayPal, Plaid Inc. and Intuit Inc., applauded the move. “We look
The Financial Technology Association, which represents fintechs that include Block, Marqeta, Stripe and Wise, among others, is urging the Fed to make direct access
Americans increasingly want alternatives to high-interest products whose revenue models rely on consumer fees and often trap users in cycles of debt. For good
The Federal Reserve will test the FedNow system between now and its expected launch in 2023 WASHINGTON, D.C. – The Financial Technology Association (FTA)
All eyes in the fintech world are on open banking…”We believe that consumers, not financial institutions, own their data and hope the CFPB will
The Financial Technology Association, a trade group that counts PayPal and Block as members, called Demchak’s comments misleading. “As the banking CEOs know, non-banks
Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers. In a
If you’ve used “buy now, pay later,” you get it and you love it. Of survey respondents who have used one of the pay-in-four
