IPA Payments Pod

Innovative fields often struggle to find qualified staff, and the payments industry faces this problem every day.

The University of Georgia has created a program across its system to prepare students to solve problems in Fintech. In this episode, we present an edited version of a presentation done by Art Recesso, Vice Chancellor for Academic Innovation at University System of Georgia. He covers how the system is working with the industry to understand its needs and create a pipeline of new talent.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on November 16, 2022. Things may have changed by the time you hear it.

The results of the 2022 midterm elections held a number of surprises, and political analysts are still trying to figure out what they all mean.

In this episode, the IPA's CEO, Brian Tate, and Chris Stromberg, our director of government relations, look at the midterms through a payments regulation lens. They discuss what a divided government will mean for payments legislation and regulation, and how it might relate to court cases against the CFPB.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on November 17, 2022. Things may have changed by the time you hear it.

Financial crime has gotten more complex over time, and to keep up with the criminals, law enforcement and the industry need to work together.

In this episode, you will hear a conversation with Special Agent Charles Orgbon of the FBI's Atlanta Field office on how the Bureau is forming partnerships with the payments industry. We discuss how the FBI has worked with companies in the past and best practices for working with the FBI.

The interview came at the conclusion of a day-long session with FBI experts and the Atlanta payments community. The IPA wants to thank InComm Payments for hosting us. We plan to hold future meetings with local field offices in other cities.

Links mentioned in this episode include:

The FBI's site: Welcome to fbi.gov — FBI

Domestic Security Alliance Council: Welcome to Domestic Security Alliance Council - DSAC — DSAC

Internet Crimes Complaint Center: Internet Crime Complaint Center(IC3) | Home Page

InfraGard: Home (infragard.org)

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on November 10, 2022. Things may have changed by the time you hear it.

Build, buy, or partner are the three paths to innovation for most banks, and Truist is planning to use a combination of all three to take it into the future.

The bank had been looking at a partnership with the fintech Long Game, which created an app that uses mobile games to help people save money while learning about personal finance. That conversation grew into an acquisition that has increased Truist's ability to build new financial services.

In this episode, Lindsay Holden, the founder of Long Game, and Christina Russ, the head of strategi investment initiatives for Truist Ventures, discuss how the deal came about, how it will increase Truist's innovation capacities going forward, and what other fintechs and banks can learn from the deal.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on October 20, 2022. Things may have changed by the time you hear it.

With the midterms approaching, Congress is not paying much attention to legislation on financial services, but the regulators' focus on the industry has not waivered.

In this episode, the IPA's government relations team, Brian Tate, the association's CEO, and Chris Stromberg, the director of government relations, discuss recent actions by the regulators, including debit card transaction routing rules and the latest activity at the Consumer Financial Protection Bureau. They also cover what the midterm elections might mean for the future of financial services regulation.

The IPA thanks our member sponsor, Netspend, for helping to make this show possible.

This podcast was recorded on October 13, 2022. Things may have changed by the time you hear it.

Good marketing seems like it would be a crucial part of any business plan, but even the best marketing plans in the world come with risks.

In this episode, we present a lightly edited version of the audio from our Oct. 4 webinar, The Dangers of Good Marketing with Adwait Joshi, the founder and Chief Seer at DataSeers, an AI software provider for banks and fintechs.

He discusses the risks of good marketing, including the business risks of attracting the wrong kinds of customers and the security risks of drawing the attention of fraudsters. He also talks about how to implement solutions.

We want to thank our member sponsor NetSpend for supporting the show.

Directing dollars into specific spending channels can benefit consumers, program managers, and payments companies.

FIS has been providing filters for government programs for some time, and it is now expanding the technology so that it can be used for other applications. The company plans to offer filtered cards that run on open networks for private businesses to use for things like incentives and budgeting.

In this episode, we talk with Deirdre Ives, general manager of prepaid at FIS, about how filtering works, how it has been used, and where it might go in the future.

Payments don't happen in a vacuum. Understanding the context around transactions can mitigate the risk of fraud.

In this episode, the IPA presents the edited audio portion of a Webinar that we held with Deep Labs' Vice President and payments industry veteran Tia Ilori.

She described how Deep Labs uses people, processes, and technologies to identify suspicious behavior that may otherwise transact undetected.

We discussed how the events of the past few years have changed the patterns of people's behavior and how to keep up with the changing times. The ability to keep up with cardholder behavior can determine whether or not a company's card is at the top of the cardholder's wallet when it comes time to make a big purchase. It can also determine whether or not a portfolio will be safe from criminal looking to use chaos as an opportunity to circumvent defenses.

August is supposed to be a quiet month in Washington DC, but this year, it was just the prelude to what promises to be a busy autumn.

In this episode, the IPA's CEO Brian Tate, and Chris Stromberg, IPA's head of government relations, talk about where things stand today and what will shape the payments ecosystem in the months to come.

They talk about the philosophical approaches the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau are taking towards fintechs, the midterm elections, and ongoing lawsuits that may shape the industry.

The IPA would like to thank its member sponsor Netspend for its support of this podcast.

If you want to keep up with what all of this means for your compliance obligations, then join the IPA on September 29 in Chicago for our 2022 Compliance boot Camp. Learn more and register today at: 2022 Compliance Boot Camp (ipa.org).

To attend the IPA's reception at Money 2020, register at: Money 20/20 2022 Event | Money 2020 RSVP Blank (stinsonnews.com)

August is a quiet month for the government, so it is a good time to take a look at the regulatory big picture.

A lot is happening in Washington, and in this episode, the IPA's CEO Brian Tate, and Brian Axell, of Axell discuss some of the forces that will shape the industry.

They talk about a potential bill that would change the way credit card transactions are routed, data privacy and cryptocurrency bills, and what the FDIC rules on advertising mean for fintechs. They also talk about why the CFPB may step up its use of guidance and enforcement instead of traditional rule making.

If you want to keep up with what all of this means for your compliance obligations, then join the IPA on September 29 in Chicago for our 2022 Compliance boot Camp. Learn more and register today at: 2022 Compliance Boot Camp (ipa.org).