WASHINGTON, D.C. – The Financial Technology Association (FTA) today submitted a comment letter in response to a Request for Information from the Office of
The Financial Technology Association (FTA) submitted a comment letter responding to the Financial Crimes Enforcement Network’s (FinCEN) proposed rule to revise anti-money laundering and
WASHINGTON, D.C. – The Financial Technology Association (FTA), a trade association representing leading fintech companies, today submitted a comment letter in response to the
WASHINGTON, D.C. – The Financial Technology Association (FTA) today submitted a comment letter urging the Federal Trade Commission to clarify parts of its proposed
The Financial Technology Association (FTA) joined a coalition letter to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) requesting guidance and clarification
The Financial Technology Association (FTA) submitted a response to a request for information regarding a review of Bank Secrecy Act regulations and guidance issued
WASHINGTON, D.C. – The Financial Technology Association (FTA) applauds the House Financial Services Committee for passing the bipartisan Guarding Unprotected Aging Retirees from Deception
In partnership with Cash App, PayPal, and Venmo, the campaign empowers consumers to recognize evolving scams and highlights how fintech industry leaders protect people
WASHINGTON, D.C. – The Financial Technology Association today applauded the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), National
WASHINGTON, D.C. – The Financial Technology Association (FTA) today released a statement welcoming the Federal Deposit Insurance Corporation’s (FDIC) support for more flexibility with
Outlines policy recommendations to ensure the U.S. remains the home of financial innovation WASHINGTON, D.C. – The Financial Technology Association (FTA) today released its
Washington, D.C. — Suspicious activity reports take up major time and resources at financial institutions far exceeding the government’s estimates, the Bank Policy Institute,
WASHINGTON, D.C. – The Financial Technology Association launched a national campaign, “Smarter Than Scams,” to empower consumers with the tools to recognize and avoid
Technology continues to change our daily lives, impacting how we send money to friends or relatives, budget, and pay for purchases. It is also
Recently, Treasury’s Financial Crimes Enforcement Network (“FinCEN”) released a request for information regarding the collection of a customer’s full social security number (SSN) at
No one is immune from scams. Recently, I answered a call encouraging me to buy a gift card from a store I frequent. The
Merchants globally will suffer fraud losses exceeding $343 billion over the next five years as the volume and sophistication of ecommerce fraud increases. Businesses face tough
Digital scams are on the rise this holiday season, fueled by an explosion in the number of fraudsters using artificial intelligence to generate sneakier
Penny Lee, president and CEO of the Financial Technology Association, said the industry is working to prevent fraud through campaigns like Smarter than Scams,
The Bank Policy Institute, the Financial Technology Association, the Independent Community Bankers of America, the American Gaming Association and the Securities Industry and Financial
In a letter to the Financial Crimes Enforcement Network (FinCEN), a group of financial industry organizations outlined the challenges created by requiring financial institutions
The top industry group for financial technology companies has a new head of government affairs. As far as policy goes, Sarah Mamula has a
The Financial Technology Association, a trade group representing financial technology firms, pushed back against the proposal when it was first introduced, saying it would
“While this knowledge requirement may be intended to prevent strict liability against third parties who supply goods or services, we are concerned that it
WRTV Investigates also spoke with Penny Lee, CEO at the Financial Technology Association, a trade organization that represents digital financial institutions including Chime. “We
According to the Federal Trade Commission and the Financial Technology Association, this is typical of a pet deposit scam — one of many that
The Financial Technology Association is a Washington, DC-based trade association representing fintech industry members, including Block and PayPal. Square and mobile payment service Cash
FTA Urges Federal Regulators to Modernize Anti-Fraud Tools, Embrace Digital Solutions to Combat Payments Fraud
WASHINGTON, D.C. – The Financial Technology Association (FTA) today submitted a comment letter in response to a Request for Information from the Office of