Press Releases

FTA Welcomes Global Identity Verification Platform Sumsub as Newest Member

WASHINGTON, D.C. – The Financial Technology Association (FTA) today welcomes Sumsub, a global identity verification and anti-fraud platform, as the newest member of the

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FTA Announces 2026 Board Leadership

WASHINGTON, D.C. – The Financial Technology Association (FTA) today announced the Executive Committee leadership for its 2026 Board of Directors. The Executive Committee helps

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Financial Technology Association

FTA Urges Tennessee Lawmakers to Amend Problematic Cross-Border Payment Tax Bill

WASHINGTON, D.C. – The Financial Technology Association (FTA) urges Tennessee lawmakers to amend Senate Bill 2166, legislation that would impose a tax increase on

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Financial Technology Association

FTA Applauds Introduction of New York Financial Data Rights Act

WASHINGTON, D.C. – The Financial Technology Association (FTA) released the following statement applauding the introduction of the New York Financial Data Rights Act, which

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Financial Technology Association

FTA Statement on Passage of Oregon DIDMCA Bill

WASHINGTON, D.C. – The Financial Technology Association issued the following statement after the passage of Oregon House Bill 4116, legislation that would impede bank

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Financial Technology Association

Looking Ahead to the Open Banking Rule: Protecting Americans’ Right to Securely Access and Share Their Financial Data without Fees

What’s Happening: Draft Open Banking Rule Expected Soon The Consumer Financial Protection Bureau (CFPB) is expected to issue a Notice of Proposed Rulemaking (NPRM)

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FTA Commends Trump Accounts and Calls for Open, Competitive Process to Ensure Broad Adoption

WASHINGTON, D.C. – The Financial Technology Association (FTA) today submitted a comment letter in response to the Department of the Treasury and the Internal

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FTA Applauds Introduction of Bicameral American Lending Fairness Act

WASHINGTON, D.C. – The Financial Technology Association (FTA) applauds Senator Bernie Moreno (R-OH) and Congressman Warren Davidson (OH-08) for introducing the bicameral American Lending

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In Joint Amicus Briefs, FTA and AFC Urge Ninth Circuit Court of Appeals to Appropriately Recognize Earned Wage Access as a Service Distinct From Loans

WASHINGTON, D.C. – The Financial Technology Association (FTA) and the American Fintech Council (AFC) today submitted joint Amicus Briefs in Vickery v. Empower Finance,

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Seal for the Board of Governors of the Federal Reserve System

FTA Urges Fed to Optimize Payment Account Prototype to Ensure Broad and Robust Access

Expanding access to FedACH will advance innovation, competition, and affordability WASHINGTON, D.C. – The Financial Technology Association (FTA) applauds the Federal Reserve Board for

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FTA Announces Cleo as Newest Member

WASHINGTON, D.C. – The Financial Technology Association (FTA) today welcomed Cleo, the world’s first AI financial assistant, to its membership of innovative financial technology

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FTA Applauds Release of Bipartisan Earned Wage Access Legislation

WASHINGTON, D.C. – The Financial Technology Association (FTA) applauds Congressman Bryan Steil (WI-01) and Congressman Ritchie Torres (NY-15) on the release of draft legislation,

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