ETA Participates in White House Fintech Summit
6-13-2016
Jason Oxman and Scott Talbott of ETA were in attendance at a recent closed-door White House Fintech Summit. During the event, led by Adrienne Harris, Special Assistant to the President for Economic Policy, participants including government officials, policy makers, financial services institutions, fintech start-ups, investors and opinion leaders discussed the future of fintech, the role of “big data” in fintech, regulation which fosters rather than inhibits innovation and and ways government can work with innovators to support small businesses.
Among other discussions, Secretary of Commerce Penny Pritzke chaired a panel analyzing opportunities for government to ensure opportunities for fintech firms to partner and scale innovation, and Gayle Smith of the U.S. Agency for International Development led a conversation on how fintech is powering development globally, particularly in places where traditional financial services are underdeveloped.
Read more about the private White House fintech Summit here.
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.