The Innovative Payments Association (IPA) recently submitted a comment letter to federal regulators, who are considering new rules for partnerships between banks and fintech companies. The IPA urges the agencies to consider the potential negative consequences of additional regulations before imposing them.
The IPA believes these partnerships offer significant benefits to both consumers and the financial system, and, in the comment letter highlight several key points:
You can download the full comment letter below, or contact the IPA. |
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