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Newsroom

How Financial innovators and Regulators Can Work Together

4/28/2022

 
The IPA has been published on Newsweek. Below is an excerpt from the article. We invite you to click over and read the full article. 

Innovation and risk sometimes go hand-in-hand, but a partnership between industry and regulators can bring the best outcome for everyone.

The financial services sector has brought new technology to the market that helps solve problems for individuals, businesses and even government agencies that want to manage their money more effectively. The regulators have taken an interest in the new technology, but there is a risk that consumer benefits could become collateral damage if a fight breaks out. I've seen both sectors engage in their respective ways in my position now as a chief operating officer for a national payments association and throughout my career as a consultant and journalist covering financial services.
​
How can the financial services industry work with agencies like the Consumer Financial Protection Bureau to create the best outcome for all Americans?

Read the full article here. 

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