Tagged: brian peters

February 11, 2020 @ 11:32 am By JD Alois  |  

Financial Innovation Now (FIN) represents some of the biggest names in tech when it comes to Fintech. These firms include Apple, Amazon, Google, PayPal, Square, and Intuit. Each of these big tech firms have a strong foothold in providing financial services and many observers expect… Read More

July 31, 2018 @ 6:04 pm By JD Alois  |  

Financial Innovation Now (FIN), the group that represents big techs interest in Fintech, has issued a comment on the decision by the Office of the Comptroller of the Currency (OCC) to move forward with a Fintech Charter following the release of a report on Fintech by… Read More

July 31, 2018 @ 12:26 pm By JD Alois  |  

The US Department of the Treasury has published its long anticipated report on Fintech. This is the fourth in a series of reports emanating from Treasury that address emerging innovations in finance. Secretary Steven T. Mnuchin commented on the reports release stating “American innovation is… Read More

January 26, 2018 @ 3:51 pm By JD Alois  |  

The House Financial Services Committee has scheduled a hearing entitled Examining Opportunities and Challenges in the Financial Technology (“Fintech”) Marketplace. The hearing expects to examine the current regulatory landscape, the need to amend or modernize the regulatory landscape or the necessity to amend existing financial… Read More

November 15, 2017 @ 4:14 pm By JD Alois  |  

The House Financial Services Committee has approved HR 3299 or the “Protecting Consumers’ Access to Credit Act of 2017.” The bill “restores consistency” in lending laws across state boundaries. HR 3299 impacts the case of Midland Funding, LLC v. Madden – an ongoing law suit… Read More

October 18, 2017 @ 2:14 pm By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has published principles for data sharing and aggregation regarding individual consumers. As data become ubiquitous there is a looming concern about who owns or controls personal information. In an age of rampant cybersecurity issues, setting guidelines for what banks… Read More

July 21, 2017 @ 2:35 pm By JD Alois  |  

Today the Faster Payments Task Force, created by the Federal Reserve, released its final report along with their recommendations on what needs to be accomplished to bring the US up to date in the payments space. Anybody engaged in the payments sector understands that the US… Read More

May 8, 2017 @ 8:21 am By Erin Hobey  |  

Last week Financial Innovation Now (FIN), an alliance of companies which includes Fintech behemoths innovator Amazon, Apple, Google, Intuit and PayPal, spoke out against language used in the Financial CHOICE Act that would repeal debit swipe fee reform. In a letter penned by FIN Executive Director Brian… Read More

February 6, 2017 @ 10:53 am By JD Alois  |  

Last December, the Office of the Comptroller of the Currency (OCC) – part of the Department of Treasury-  proposed a “National Bank Charter for Fintech Companies”. The exploration stirred up a hornet’s nest of public officials that were not too pleased the OCC would think… Read More

November 30, 2016 @ 3:10 pm By JD Alois  |  

Financial Innovation Now (FIN) has published an open letter to the incoming Trump administration. FIN demanded the President-Elect embrace technology when it comes to financial innovation. FIN is a group that represents several very big names in tech. Think Apple, Google, Amazon and more. Tipping… Read More

August 25, 2016 @ 12:11 am By JD Alois  |  

Apple, Google, Amazon, PayPal & Intuit Provide the Firepower Behind Fintech Advocacy Group Financial Innovation Now. Back in the fall of 2015, an announcement was made regarding the creation of a new public policy coalition representing some of the largest names in tech: Apple, Google,… Read More

August 15, 2016 @ 10:33 am By JD Alois  |  

In November of 2015, a group of well-known tech names banded together to create a new lobbying entity to lobby Capitol Hill on Fintech and financial regulations. Financial Innovation Now is a unique alliance of Apple, Google, Amazon, Intuit and Paypal joining in one specific… Read More

November 3, 2015 @ 8:13 am By JD Alois  |  

The Future of Banking is Online. Tech Titans Want to Lead the Way as Financial Innovation Now Coalition Announced. All financial services are being turned upside down as the relevance of brick and mortar locations and surly customer service representatives is diminishing.  Big tech, including… Read More