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IPA’s August 2024 Government Update
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Apparently, regulators don’t take summer vacations. While August is normally quiet in Washington DC, a slew of proposals have come out that could affect everything about the way the fintechs do business.
In the past month, proposed rules on brokered deposits and earned wage access products could change the way many fintechs do business. In addition, a request for information by the Federal Reserve may foreshadow bigger changes ahead for industry players across the fintech value chain.
In the latest episode of the IPA Payments Pod, Brian Tate, the IPA’s CEO, and Ben Jackson, the COO discuss the various regulatory proposals that have come out in the past month and what they might mean for the industry.
This podcast was recorded on August 26, 2024. Things may have changed by the time you hear it.
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