ETA and BAFT Host International Payments Policy Day
2-9-2017
High-level policy discussions offered concrete insights on the changing policy landscape for international payments and financial technology
The Electronic Transactions Association, in conjunction with BAFT, an international financial services association, today hosted International Payments Day in Washington, D.C. This forum, part of ETA’s annual series of policy events, helped senior level individuals representing policymakers, companies, think tanks, law firms, law enforcement and members of the media to better understand how international regulators are thinking about the fintech space.
“As fintech and traditional companies are converging, it’s important to analyze how current US and international regulation will impact this new business model,” said Scott Talbott, SVP of Government Affairs at ETA. “It’s vital to understand which regulations create an environment that encourage growth and innovation.”
This half-day of high-level meetings focused on the challenges and opportunities for the payments system around the globe. Panel discussions included insights on the emerging international payments issues, global decline of correspondent banking relationships, and international regulation of fintech.
“We are honored to host this important event alongside our friends at ETA,” said Tod Burwell, president and CEO of BAFT. “Policymakers around the world are responding to the new world of fintech and it’s vital that we provide our members with guidance on navigating the path forward.”
About ETA
The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $56.75 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
ETAs membership spans the breadth of the payments industry to include independent sales organizations (ISOs), payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and software providers (ISV) and hardware suppliers. For more information, visit electran.org.
Related Posts
News
Is the Relationship Between Financial Institutions (FIs) And Fintechs Complicated? Not Anymore.
By Sumit Arora, Senior Vice President, Enterprise Payments Strategy, Wells Fargo Building a Balance Between Competition and Collaboration There is a long history between banking and technology, dating back to around 1866 when the telegraph . . .
6-16-2022
learn more
News
ETA CEO Jodie Kelley: Reflections on the Past Year and Looking Ahead to the Future
By Jodie L. Kelley, CEO, ETA. As I complete my first year as CEO of ETA, I am struck by what an extraordinary year it was in so many ways. As we entered 2020, I . . .
9-28-2020
learn more