✍️Today, we submitted a comment letter applauding the Federal Reserve Board’s proposal to expand the operating hours of the Fedwire Funds Service and the National Settlement Service to include weekends and holidays – enabling operations every day of the year. This proposal would help #consumers and #SmallBusinesses and enhance #cross-border payments and #financial #innovation. 📣“We no longer live in a 9-to-5 world and expect our #payment infrastructure to meet the needs of always being connected,” said Penny Lee, FTA President and Chief Executive Officer. “Expanding Fedwire and NSS operating hours to provide access to payment services outside of the traditional work week is a positive step to match the demands of today’s #digital age.” Learn more ⬇️ https://lnkd.in/eTQebxSm
Financial Technology Association
Financial Services
Washington, DC 4,169 followers
Connecting the fintech community as the voice of the industry
About us
The Financial Technology Association (FTA) is a DC-based trade association representing industry leaders shaping the future of finance. We champion the power of technology-centered financial services and advocate for the modernization of financial regulation to support inclusion and responsible innovation. Become a member to join our community of #fintech industry leaders. Request membership information at ftassociation.org.
- Website
-
https://www.ftassociation.org/
External link for Financial Technology Association
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Washington, DC
- Type
- Nonprofit
- Founded
- 2021
Locations
-
Primary
Washington, DC, US
Employees at Financial Technology Association
-
Parris Sanz
Executive Vice President, General Counsel and Head of Policy & Government Relations at WebBank
-
Sarah Timoney Paul
Director, U.S. Corporate Affairs and Public Policy at Intuit
-
Sarah Mamula
Head of Government Affairs, Financial Technology Association
-
Miranda Margowsky
Head of Communications @ Financial Technology Association | Strategic Communications
Updates
-
💸📲 Plaid makes it possible for #consumers to connect their #bank account to the financial #apps and services of their #choice. Learn more from Plaid's President, Jennifer Taylor. #PoweredByFintech Check out the entire Semafor event ➡️ https://lnkd.in/d5iJjWY9 Read FTA’s #FutureofFinance Policy Agenda ➡️ https://lnkd.in/eyVt3Wqd
-
Financial Technology Association reposted this
If you want to get excited about the future of finance, check out this conversation at Semafor’s “Banking on the Future: The Next Era of Fintech” in Washington D.C. 👇 At this event, Plaid President Jennifer Taylor joined Jennifer Kuperman Chief Corporate Affairs Officer at Chime to share how Plaid is approaching open finance and financial access. She shared how, “At the core of it, we believe open banking is striving to give consumers more control and choice over how they manage their financial lives.” Find more of the conversation, hosted by Semafor and the Financial Technology Association: https://lnkd.in/e6bcHYcm
-
-
It's time for a Financial Technology Association Member news round-up! Here are some highlights from #fintech industry news 📢 ⬇ Betterment announced a new tax-smart bond portfolio 🔗 https://lnkd.in/dTG2NdcM Carta released a State of Startup compensation report 🔗 https://lnkd.in/d2azfb8k Chime acquired saving benefits startup Salt Lab 🔗 https://lnkd.in/dkFJYaYW Marqeta unveiled its 2024 State of Payments report 🔗 https://lnkd.in/d7VSPnAq Plaid launched Layer, its onboarding revamp 🔗 https://lnkd.in/eu8DzV6x Ramp hosted a webinar highlighting their latest features and functionality 🔗 https://lnkd.in/gXCm9Cnr More than half of FTA members were recognized on CNBC's Top 250 Fintech Companies 2024 🔗 https://lnkd.in/gS3UiqcW Want more #fintech news updates? Sign up for the #Fintech Takeaway to get headlines delivered to your inbox. 🔗 https://lnkd.in/drbkTNvU
-
👏 Intuit Credit Karma has provided 30 billion free #creditscores to #consumers since its inception. Listen to Founder and CEO, Kenneth Lin, in conversation with Bennett Richardson, describe the power #fintech has to offer #consumers access to critical #financialservices. #PoweredByFintech Check out the entire Semafor event ➡️ https://lnkd.in/d5iJjWY9 Read FTA’s #FutureofFinance Policy Agenda ➡️ https://lnkd.in/eyVt3Wqd
-
ICYMI: Our Head of Policy, Angelena Bradfield, and Head of Government Affairs, Sarah Mamula, spoke to CQ and Roll Call’s Mark Schoeff Jr. about the #fintech industry’s vision for the Future of Finance. As Sarah and Angelena explained, millions of Americans use #fintech apps, but today’s #regulatory framework was built for legacy products and services. FTA’s newly released policy agenda provides a roadmap to promote responsible #innovation, support #modern and #secure financial #infrastructure, and expand access and #choice. “The financial services landscape has modernized, and laws and regulations need to catch up with that,” said Sarah Mamula, head of government affairs at FTA. “Most people are using financial technology and may not even realize they’re using financial technology.” The goal is to arrive at “risk-based and tailored” legislation and regulation, said Angelena Bradfield, head of policy at FTA. “The agenda is [designed to] continue the U.S. tradition of innovation and competition in the financial services space.” Read the full story in #FintechBeat to learn more ⬇️ https://lnkd.in/dgTCNsR9
Fintech Beat by Roll Call News: Senate Panel Poised to Act on Trading Rules - Financial Technology Association
ftassociation.org
-
💫 Listen to Chime’s Chief Corporate Affairs Officer, Jennifer Kuperman, in conversation with Jennifer Taylor, President at Plaid, explain Chime’s #consumer-centric mission and hope for a future that puts consumers in #control of their #financial lives through #OpenBanking. #PoweredByFintech Check out the entire Semafor event ➡️ https://lnkd.in/d5iJjWY9 Read FTA’s #FutureofFinance Policy Agenda ➡️ https://lnkd.in/eyVt3Wqd
-
⏰ It’s time to ensure U.S. #regulations keep pace with #innovations in the #financial services #industry. Non-#bank direct access to #FedNow has the power to speed up #payments and unlock #savings. Listen to Matt Oppenheimer Co-Founder and CEO of Remitly explain more. #PoweredByFintech Check out the entire Semafor event ➡️ https://lnkd.in/d5iJjWY9 Read FTA’s #FutureofFinance Policy Agenda ➡️ https://lnkd.in/eyVt3Wqd
-
🚀 Betterment recently announced an innovative new tax-smart product that helps #investors minimize their tax liabilities and maximize their returns. This #fintech innovation is leveling the playing field and putting financial tools once reserved for the wealthy in the hands of more everyday investors. Learn more about how fintech #innovation is giving more people access to valued financial tools and helping people take control of their financial futures. Read this MarketWatch article ⬇️ https://lnkd.in/eHXGEq9e #PoweredByFintech
Rich people know about this investing trick — it’s time retail investors do too
marketwatch.com
-
🚨 Did you miss FTA's live event with Semafor last week? We've got you covered! Catch up below ⬇️ #PoweredByFintech #FutureOfFinance
RECAP: “The Next Era of Fintech”
Financial Technology Association on LinkedIn