IPA Payments Pod

The results of the election are set to reshape payments regulation, but the work of the current administration will leave a lasting impact on the industry. In this episode, Ben Jackson, IPA's COO, sits down with Brian Tate, the IPA's CEO, to discuss what this period of change means for payments.

From shifts in the congressional banking committees to ongoing legal battles and the finalization of key rules, they explore how today's developments will shape tomorrow's landscape. Tune in to gain insights on navigating these changes and staying ahead in the payments industry.

Recorded on December 12, 2024. Note: Developments may have occurred since recording. Learn more about the IPA and the benefits of membership at IPA.org.

Host: Ben Jackson Guest: Ross McFerrin, Vice President of Enterprise Growth, Trustly Recorded: October 24, 2024

Episode Summary: In this episode, Ben Jackson sits down with Ross McFerrin from Trustly to explore the future of digital payments and the rise of "pay-by-bank" options. As cards face potential competition, pay-by-bank may soon enable consumers to make purchases directly from their bank accounts, transforming e-commerce and in-store transactions alike. Ross shares insights on how pay-by-bank works, why it's advantageous for banks, merchants, and shoppers, and what this shift could mean for the broader payments landscape.

Membership Information: Not a member yet? Discover the benefits of joining the IPA, including access to exclusive events and resources. Visit IPA.org for more details.

In this episode, Ben Jackson sits down with Kate Lybarger, the director and head of payments innovation at Discover Global Network, to discuss how to think about innovation in the context of technological change. Listen in as they discuss how companies can develop meaningful new products as tech tools like artificial intelligence and open banking reshape financial services.

They cover what innovation means in a company, how to separate tech hype from reality, and why the head of innovation sometimes needs to be the head diplomat in a company.

This podcast was recorded on November 6, 29024, things may have changed by the time you hear it.

Membership Information: Not a member yet? Discover the benefits of joining the IPA, including access to exclusive events and resources. Visit IPA.org for more details.

Host: Ben Jackson Guest: Brian Tate, CEO, Innovative Payments Association

Recorded: November 14, 2024

Episode Summary: In this episode, Ben Jackson sits down with Brian Tate, CEO, Innovative Payments Association, to discuss several lawsuits against the Consumer Financial Protection Bureau's rules.

They cover lawsuits against the Consumer Financial Protection Bureau by PayPal over the Prepaid Accounts Rule, by the Financial Technology Associations Lawsuit over buy now pay later, and by the Bank policy Institute over the open banking rule.

They also discuss how the Congressional Review Act could shape the future of these suits.

This podcast was recorded on November 14, 29024, things may have changed by the time you hear it.

Membership Information: Not a member yet? Discover the benefits of joining the IPA, including access to exclusive events and resources. Visit IPA.org for more details.

In this episode, Brian Tate, the IPA's CEO, and Ben Jackson, the COO, discuss Burn Book, by Kara Swisher. They cover what the book tells us about the history of the Internet and how technology has shaped our lives. They also discuss whether there are any lessons for the industry and society as we enter a new technological age with the growth of artificial intelligence.

This podcast was recorded October 17, 2024. Things may have changed by the time you hear it.

In this episode. episode, Brian Tate, CEO of the IPA, discusses the latest regulatory proposals from the FDIC, the Consumer Financial Protection Bureau, and the Federal Reserve

He considers how they might change the relationships between fintechs and issuing banks, and how they might change the operations of both kinds of companies. This episode was recorded on September 23, 2024, so keep in mind that things may have changed by the time you hear it.

Important Update: Since the recording of this podcast, the IPA has learned that the SHIELD Act – the bill mentioned in the show pertaining to political donations – has been pulled from the schedule.

For IPA Members: Did you know the Association recently published a compliance guide to help fintechs, banks, and other companies ensure their compliance programs are up to date? You can find it in the members-only section of our website.

Not a Member Yet? Learn more about the benefits of IPA membership at IPA.org.

In this episode, Dr. Angela Murphy, vice president of marketing and solution at Pidgin, discusses the revenue opportunities that instant payments offer financial institutions. She also discusses why banks and credit unions need to develop a payments strategy that reaches across their organizations.

You can find the white paper discussed in the show here: Whitepages (pidgin.net). You can find her YouTube channel here: Payments Elsa Intro (youtube.com) and her Instagram page here: https://www.instagram.com/paymentselsa/ .

This podcast was recorded on August 30, 2024. Things may have changed by the time you hear it.

Apparently, regulators don't take summer vacations. While August is normally quiet in Washington DC, a slew of proposals have come out that could affect everything about the way the fintechs do business.

In the past month, proposed rules on brokered deposits and earned wage access products could change the way many fintechs do business. In addition, a request for information by the Federal Reserve may foreshadow bigger changes ahead for industry players across the fintech value chain.

In the latest episode of the IPA Payments Pod, Brian Tate, the IPA's CEO, and Ben Jackson, the COO discuss the various regulatory proposals that have come out in the past month and what they might mean for the industry.

This podcast was recorded on August 26, 2024. Things may have changed by the time you hear it.

Workers may have a harder time getting access to money when they need it, if a new interpretive rule from the Consumer Financial Protection Bureau goes into effect.

The Bureau released an interpretive rule on Thursday that classifies all earned wage access products as credit and therefore subject to certain disclosures and underwriting rules.

I'm Ben Jackson and in this episode, I talk with Brian Tate, the IPA's CEO, about what the proposed rule and what it might mean for the industry and workers.

This podcast was recorded on July 18, 2024. Things may have changed by the time you hear it.

You can find the text of the interpretive rule here: Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work | Consumer Financial Protection Bureau (consumerfinance.gov)

The second half of 2024 promises to be a wild ride with court cases, bankruptcies, and potential policy changes likely to have wide ranging effects on the industry.

In this episode, Brian Tate, the IPA's CEO, and Ben Jackson, the IPA's COO, talk about what has happened so far in 2024 and what is coming up in the second half of the year that will affect the payments industry.

They discuss the Synapse bankruptcy, the Supreme Court's Chevron decision, the Congressional Review Act, the election, and how all of these things will affect the payments industry.

You can find the IPA's Blog on the Congressional Review Act at: Blog | Innovative Payments Association - Innovative Payments Association (ipa.org).

This podcast was recorded on July 3, 2024. Things may have changed by the time you hear it.