Tagged: financial technology association

Financial Technology Association Comments on Federal Reserve Confirmations

The Financial Technology Association (FTA) has issued as statement on the confirmation of four nominees to the Federal Reserve’s Board of Governors, including Chair Jerome Powell, Vice Chair Lael Brainard, Dr. Lisa Cook, and Dr. Philip Jefferson. Penny Lee, CEO of the FTA, stated: “The… Read More

Financial Technology Association Comments on CFPB Review of “Junk Fees,” Like Bank Overdraft Charges

The Financial Technology Association (FTA) submitted a comment regarding the Consumer Financial Protection Bureau (CFPB)’s request for feedback on “junk fees” that drive up the cost of goods and services, including financial services. The FTA letter states that many of their members launched to target… Read More

Financial Technology Association CEO Says BNPL Hampered by Misinformation, Provides Benefits to Consumers

Financial Technology Association (FTA) CEO Penny Lee has published an Op-Ed on Buy Now-Pay Later (BNPL) services a Fintech service that has suffered from “misinformation.” BNPL services are frequently at the point of sale when a purchaser is given the option for credit to pay… Read More

Financial Technology Association Hires New VP of Membership and Development

The not-for-profit group, the Financial Technology Association (FTA) has hired Tom Davis as Vice President of Membership and Development. According to a statement distributed by the FTA, Davis brings more than a decade of experience in directing, marketing, and developing membership-based organizations to his role… Read More

Financial Technology Association Adds New VP of Communications

The Financial Technology Association (FTA) has announced that Miranda Margowsky has joined the group as its Vice President of Communications. According to a statement by the FTA, Margowsky is a “senior-level strategist and policy communications expert who brings a winning record of driving impactful, effective,… Read More

Financial Technology Association Issues Statement on Confirmation of CFPB Director Rohit Chopra

This week, Rohit Chopra was confirmed as the next Director of the Consumer Financial Protection Bureau (CFPB). The CFPB is a relatively new financial regulator created as part of the Dodd-Frank legislation that emerged following the great recession. The mission of the CFPB is to… Read More

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… Read More

As Fintech Industry Matures, the Need for Policy Advocacy Grows: OLPI and MPL Merge to Form American Fintech Council

Financial technology or Fintech has been growing at a rapid pace for years now. Starting with online capital formation, today a growing number of sophisticated financial services are going through a much-needed. digital transformation. This can mean better/cheaper access to services for more consumers and… Read More

The Financial Technology Association Launches Backed By Big Names, Seeks to Advocate on Behalf of Fintech

A new trade group has been launched to advocate on behalf of the Fintech industry. Today, the Financial Technology Association (FTA), is hoping to educate stakeholders and support the modernization of financial regulation. Founding members of the group are Afterpay, Betterment, Brex, Carta, Figure, Marqeta,… Read More

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