Jul 28, 2021
Banks and Fintechs may need to re-evaluate their relationships depending on what advice the regulators decide to give them. Looking to keep up with the times, on July 13 the federal bank regulatory agencies (FDIC, Federal Reserve, and OCC) requested public comment on proposed guidance designed to help banking...
Jul 21, 2021
When we think of consumer financial data, the first thing that comes to mind is usually banking data, but that is an incomplete picture.
This was borne out in a recent executive order, in which the Biden Administration encouraged the Consumer Financial Protection Bureau (CFPB) to issue rules allowing customers to...
Jul 14, 2021
Capitol Hill has been taking an active interest in the payments industry. Overdraft, buy now pay later products, and even a possible computer chip shortage have all drawn lawmakers’ attention.
On top of all that, the Durbin Amendment has resurfaced as a topic of conversation, and there are rumors that it may be...
Jul 2, 2021
The pandemic created problems for individuals, governments, and businesses, but as the old saying goes, every problem brings new opportunities.
For Blackhawk Network, that opportunity began when it channeled its payments expertise into helping distribute relief money for governments and nonprofits. It used both...
Jun 18, 2021
Keeping up with financial regulations can be a tough job for anyone.
The Innovative Payments Association is here to help our members – and the payments industry at large – keep track of laws and rules that could affect their businesses. We also give a voice to the industry, so they can talk to regulators and...