Press Releases

FTA CEO Penny Lee’s Testimony Before the House Financial Services Committee’s Task Force on Financial Technology

Washington D.C. – November 2, 2021 – Penny Lee, CEO of the Financial Technology Association, testified today before the House of Representatives Committee on Financial Services, Task Force on Financial Technology, for the hearing “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products.” Her testimony focused…

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Small Business-Focused Fintech BlueVine Joins the Financial Technology Association

Washington, D.C., October 21, 2021 – The Financial Technology Association (“FTA”) announced today that BlueVine, a leading provider of financial services for small businesses, has become the association’s newest member. This addition builds on the association’s focus on providing fair, accessible, transparent financial services products to consumers and modernizing financial regulatory frameworks. “Small businesses are…

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Leading Financial Data Platform MX Joins the Financial Technology Association

Washington, D.C., September 15, 2021 – The Financial Technology Association (“FTA”) announced today that MX, the financial data platform provider and leader in modern connectivity, has become the association’s newest member. This addition further expands the association’s focus on open banking policies while demonstrating a commitment to improving consumer and business outcomes through thoughtful regulation.

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FTA In the News

PROTOCOL: Fintech’s first trade association tackles a rule-making wave

Penny Lee, the CEO of the newly created Financial Technology Association, reacted with bemusement to the progress of the infrastructure bill through the Capitol — which might finally put to rest a long-running Washington joke. “How many years have we had ‘Infrastructure Week?'” Lee, a D.C. veteran who once served as a senior adviser to former Senate Majority Leader Harry Reid, quipped, referring to the yearly failed bid for a bipartisan agreement to fix the nation’s roads, bridges and broadband networks.

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CROWD FUND INSIDER: Financial Technology Association Creates Advisory Board, Adds Top Fintech Experts to Guide Strategy

The Financial Technology Association (FTA) announces the formation of an advisory board. The new board will help guide the nascent group’s mission to proactively guide regulation and policy in the booming Fintech sector. Founded in March, the FTA has moved quickly to boost its ranks with top Fintech experts to both educate and work directly…

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POLITICO: The Powell Question

Via our Zachary Warmbrodt: Former CFTC Chairs Timothy Massad and J. Christopher Giancarlo are joining a new advisory board formed by the Financial Technology Association, in the latest example of fintech startups gearing up for increased Washington scrutiny. 

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The FTA is pleased to assist members of the media with questions regarding the organization or the fintech industry.