FTA urges the Trump Administration to uphold consumers’ rights to own and share their financial data WASHINGTON, D.C. – The Financial Technology Association released
WASHINGTON, D.C. – A coalition of trade associations representing fintech companies, digital asset firms, innovative banks, and Main Street businesses today submitted a comment
CEOs urge President Trump to take action as fees are set to impact the market in September WASHINGTON, D.C. – Today, the Financial Technology
WASHINGTON, D.C. – The Financial Technology Association (FTA) led a joint trades letter to President Donald J. Trump urging him to uphold the Section
In a comment letter, FTA urges the CFPB to focus on consumer-centric implementation of open banking, including allowing the broader use of data to
Implementation of Section 1033 Rule Will Unlock Financial Choice, Competition, and Benefits WASHINGTON, D.C. – The Financial Technology Association (FTA) today submitted a comment
In response to the Request for Comment on Strategic Plan FY 2022-2026, FTA submitted a comment letter to the Consumer Financial Protection Bureau (CFPB).
WASHINGTON, D.C. – The Financial Technology Association (FTA) released the following statement applauding the introduction of the New York Financial Data Rights Act, which
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)
WASHINGTON, D.C. – Following a public comment period on the Section 1033 open banking rule, business leaders, elected officials, hardworking Americans, and experts from
WASHINGTON, D.C. – The Financial Technology Association (FTA) today released a statement on the agreement reached between Plaid and JPMorgan Chase regarding consumer data
WASHINGTON, D.C. – The Financial Technology Association (FTA) today filed a brief opposing the Bank Policy Institute, Kentucky Bankers Association, and Forcht Bank’s motion
WASHINGTON, D.C. – The Financial Technology Association (FTA) issued the following statement on the Advance Notice of Proposed Rulemaking (ANPR) released by the Consumer
WASHINGTON, D.C. – Today, the Financial Technology Association (FTA) filed a response following the Consumer Financial Protection Bureau (CFPB)’s filing requesting a stay in
WASHINGTON, D.C. – The Financial Technology Association (FTA) today filed a motion for summary judgment in Forcht Bank NA vs. Consumer Financial Protection Bureau
WASHINGTON, D.C. – The Financial Technology Association released the following statement on the Consumer Financial Protection Bureau’s motion for summary judgment in Forcht, NA
Agency Signals Intent to Roll Back Consumer Financial Data Rights WASHINGTON, D.C. – The Financial Technology Association (FTA) issued the following statement on a
WASHINGTON, D.C. – The Financial Technology Association today released a statement on reports that the Consumer Financial Protection Bureau intends to vacate the Section
WASHINGTON, D.C. – The Financial Technology Association (FTA) today filed a motion to intervene in the lawsuit brought by the Bank Policy Institute (BPI)
WASHINGTON, D.C. – The Financial Technology Association (FTA)’s President and CEO Penny Lee today released a statement on the Consumer Financial Protection Bureau’s final
WASHINGTON, D.C. – This fall, the Consumer Financial Protection Bureau (CFPB) is expected to issue a final open banking rule establishing personal financial data
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. – The Financial Technology Association (FTA) today released a statement applauding the Consumer Financial Protection Bureau (CFPB) for finalizing a proposed rule
WASHINGTON, D.C. – At the Philadelphia Federal Reserve Bank’s Seventh Annual Fintech Conference, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra reiterated that the
WASHINGTON, D.C. – The Financial Technology Association (FTA) today issued a statement on the final report of the Small Business Review Panel (SBREFA) on
WASHINGTON, D.C. – This morning, Financial Technology Association President and CEO Penny Lee testified on the future of financial data privacy before the House
The Financial Technology Association released the following statement today in response to the Consumer Financial Protection Bureau’s launch of Section 1033 rulemaking: “We applaud
WASHINGTON, D.C. – The Financial Technology Association (FTA) today applauded Consumer Financial Protection Bureau (CPFB) Director Rohit Chopra’s announcement that the CFPB will soon
By Angelena Bradfield, Head of Policy, Financial Technology Association With midterm elections, 36 gubernatorial races, and 84% of state legislature seats on the ballot,
To cap off our Week of Action, we hosted an Open Banking Town Hall with Andreessen Horowitz, Ambrook, MX, Y Combinator, and former Rep.
Today, eight in ten Americans use a digital financial tool to manage their money. Whether it’s to split the bill at dinner, use a
Open banking enables consumers to securely share their financial data with trusted third parties, allowing them to access the apps and services of their
This summer, we’re excited to bring back Fintech Summer School, our annual video series featuring brief explainers from leading industry and legal experts on
Washington, D.C. – A new Harris Poll commissioned by the Financial Technology Association reveals a clear message from consumers: they want control over their
Every day, millions of Americans are turning to fintech tools to manage their money more easily, efficiently, and affordably. Whether it’s splitting the check
Financial technology is transforming how everyday Americans manage their finances, providing access to low-cost, seamless, and secure financial products and services. Critical to these
In this episode of Fintech Layer Cake, host Reggie Young chats with Penny Lee, President and CEO of the Financial Technology Association (FTA). Penny
Welcome to your crash course in fintech! This summer, learn about the fundamental issues underpinning digital financial products and policies as technology transforms how
At the same time, we are concerned that one provision in the CFPB’s open banking proposal would undercut the bureau’s aim to promote consumer-centric
Consumer expectations for digital financial services are shifting. More than eight in ten Americans use financial technology – or fintech – to manage their
Financial technology is transforming how Americans manage their finances, providing access to low-cost, seamless, and responsible financial products and services. Critical to these innovations
Big banks have enjoyed a competitive advantage for over a century, but today, consumers are driving a shift in the market and demanding a
Technological innovation is transforming financial services, giving people low-cost, transparent, and frictionless alternatives to traditional products. Open banking – or consumers’ right to securely
WASHINGTON, D.C. – The Financial Technology Association (FTA) submitted comments to the Ohio Division of Securities (ODS) this week, urging the agency to reconsider
WASHINGTON, D.C. -The Financial Technology Association submitted a comment letter to the Ohio Division of Securities on proposed amendments to Rule 1301:6-3-44, which governs
WASHINGTON, D.C. – The Financial Technology Association (FTA) submitted a comment letter on the Ohio Division of Securities’ proposed amendments to Rule 1301:6-3-44 regarding
Last week, New York legislators in both the state assembly and senate introduced a bill that would require covered financial institutions to make consumers’
Open Banking is Key to America’s Financial Freedom and Future of Innovation
FTA urges the Trump Administration to uphold consumers’ rights to own and share their financial data WASHINGTON, D.C. – The Financial Technology Association released