Payments
Modernized payments systems provide more holistic access to real-time payments, reduce fraud, and protect consumers. FDATA advocates for frameworks that ensure fair and expanded access to payment rails in both Canada and the United States.
- United States: Engagement with the OCC, FDIC, and Federal Reserve on payments fraud RFIs.
- Canada: Participation in consultations on payments modernization and real-time payments.
Related Press Releases
FDATA North America today submitted its response to draft regulations to implement the Retail Payment Activities Act (RPAA) in Canada.
April 8, 2022- FDATA used this opportunity to once again urge the CFPB to finalize a regulation under Section 1033 of the Dodd-Frank Act, an action which would create a long-overdue consumer data right in the US.
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