Member Login | Become a Member
Innovative Payments Association
  • About Us
    • Our Team
    • IPA Board of Directors
    • Our Members
    • Sponsorship
    • Contact
  • News & Events
    • Calendar
    • Newsroom
  • Podcast
  • Blog
  • Membership
    • Member Directory
    • Membership Application
    • Member Login
  • Member Resources
    • FCTF
    • GRWG
    • Government Update
    • State Legislative Tracker
    • Financial Crimes Investigators
    • Glossary & Resources
  • Advocacy
    • CFPB
    • Covid Response
    • Durbin Amendment
    • Earned Wage Access
    • FDIC & OCC
    • Fees
    • Payroll Cards
    • Privacy Legislation
    • Prepaid Rule Litigation
    • Reg E
    • Unclaimed Property
  • IPC 2023
    • Agenda
    • FAQ
    • Sponsorship Opportunities
    • Hotel & Travel
    • 2023 Maher Award
  • About Us
    • Our Team
    • IPA Board of Directors
    • Our Members
    • Sponsorship
    • Contact
  • News & Events
    • Calendar
    • Newsroom
  • Podcast
  • Blog
  • Membership
    • Member Directory
    • Membership Application
    • Member Login
  • Member Resources
    • FCTF
    • GRWG
    • Government Update
    • State Legislative Tracker
    • Financial Crimes Investigators
    • Glossary & Resources
  • Advocacy
    • CFPB
    • Covid Response
    • Durbin Amendment
    • Earned Wage Access
    • FDIC & OCC
    • Fees
    • Payroll Cards
    • Privacy Legislation
    • Prepaid Rule Litigation
    • Reg E
    • Unclaimed Property
  • IPC 2023
    • Agenda
    • FAQ
    • Sponsorship Opportunities
    • Hotel & Travel
    • 2023 Maher Award

Blog

Looking Ahead to 2021 With the IPA

12/22/2020

 
As unlikely as it might seem, 2020 ended on a high note for the payments industry. The Federal Deposit Insurance Corp.’s updated rules on brokered deposits will lower the costs of insuring consumers’ deposits for Fintechs and the banks that work with them. This change is the culmination of five years of work on the part of the Innovative Payments Association and its members.  

Despite this bright spot, the regulatory environment in 2021 may be a lot darker for the industry. There will no doubt be a change in the Consumer Financial Protection Bureau’s leadership, which will change that agency’s approach to regulation. Also, a letter from the chairwoman of the House Financial Services Committee to the incoming Biden Administration shows that Congress also plans to keep a close eye on financial services.  
​

Despite all of that, the brokered deposits rule change shows that engagement by the industry can ensure that any new laws or rules do not stifle the industry’s good work to help consumers, businesses, and governments manage their money more effectively. We talk about how companies should lay the groundwork for the new environment they will face in 2021.     
If you are not already a part of the Association and want to be part of the policy discussion shaping the future of the payments industry, then go to www.ipa.org  to learn more about the benefits of membership in the association.  ​

Comments are closed.

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018

    Categories

    All
    Member Profiles
    Podcast
    Power Of Prepaid
    Prepaid
    Small Business
    Webinar

    RSS Feed

Home
​​About Us
Advocacy
Newsroom​
IPA News & Events
Payments Podcast
Blog​
​Events


Innovative Payments Conference
​Sponsorship Opportunities
FAQ

​Contact Us
© COPYRIGHT 2023 ALL RIGHTS RESERVED.