News from the Wire

ETA, BAFT to host International Payments Day in Washington

Thursday, February 09, 2017 — 12:59:07 (EST)

Washington, Feb. 9, 2017 – The Electronic Transactions Association (ETA), the global trade association representing the payments technology industry, in conjunction with BAFT, an international financial services association, today will hold International Payments Day in Washington, D.C. This forum, part of ETA's annual series of policy events, will help 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 will focus on the challenges and opportunities for the payments system around the globe. Panel discussions include insights on the emerging international payments issues, global decline of correspondent banking relationships, and international regulation of fintech. You can access the full agenda here.

“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 global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $6 trillion in purchases in the U.S. and deploying payments innovations to merchants and consumers.

About BAFT

BAFT, the leading global financial services association for international transaction banking, helps bridge solutions across financial institutions, service providers and the regulatory community that promote sound financial practices enabling innovation, efficiency, and commercial growth. BAFT engages on a wide range of topics affecting transaction banking, including trade finance, payments, and compliance. The association website is www.baft.org .

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release.