Americans have a foundational right to securely access and share their financial data with the apps and services of their choice – without paying a fee. 2/
We applaud @clydevanel and @RachelMayNY for introducing the New York Financial Data Rights Act.
This bill would protect Americans’ financial freedoms by prohibiting fees for consumer data access. 1/
The world's top CEOs and government leaders. One room. Fintech at the table.
Five FTA member CEOs joining 450+ global leaders at @semafor World Economy 2026 in DC this April:
@Klarna - @klarnaseb@Chime - Chris Britt
@Cartainc - @henrysward@Xero - Sukhinder Singh Cassidy
@Airwallex - @awxjack
See you in DC.
Fast, secure payments keep Iowa's small businesses moving. Good to meet with Stripe yesterday to discuss payment modernization and the innovations keeping Iowa and American businesses competitive.
💡Companies using @tryramp cut expenses by ~5% per year. How?
CEO @eglyman breaks down "zero-touch finance" in a new @McKinsey conversation, and why giving teams their time back is the real win.
#Fintech#AI#Innovation
💸 Paying for an Uber feels seamless, but the payments infrastructure behind it? Far from it. Legacy providers pay the Fed a fraction of a cent per transaction — innovative firms pay up to 100x more. The U.S. needs to modernize access to its payment rails.
March is here – and so is the latest Fintech Explained. 🗞️
This month:
💳 The Case for #PaymentsModernization
🔓 Open Banking Rule Update
🗺️ FTA in the States: NE, CO & OR
🗓️ NY Fintech Week – April 27
📰 Headlines & Jobs
"The Fed’s payment account can be a step towards addressing this issue by providing a narrow path to payment settlement and clearing. But only if the Fed makes additional revisions to enhance its utility — notably by including FedACH services." openbanker.beehiiv.com/p/paymentsupgr…
Paying for dinner feels seamless. The infrastructure behind it? Not so much.
FTA's Angelena Bradfield in @OpenBanker: "The U.S. risks falling behind [w/o] upgrades to our infrastructure and regulatory model."
Read her full take on modernizing payments 👇
openbanker.beehiiv.com/p/paymentsupgr…
6/ We look forward to working with the Administration and Congress to continue advancing measures that tackle fraud and keep Americans' money and personal information safe. There is more work to be done!
1/ We applaud @POTUS for issuing an Executive Order directing the Administration to develop a national strategy to tackle fraud, cybercrime, and predatory scams enabled by Transnational Criminal Organizations (TCOs).