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ETA Applauds CFPB Policy to Facilitate Consumer-Friendly Innovation
February 18, 2016 -ETA statement on the CFPB’s new “No Action” policy establishing a process to reduce regulatory uncertainty for new consumer-friendly innovations.
“ETA applauds the CPFB announcement of its “No Action” policy,” said Jason Oxman, CEO of ETA. “ETA member companies are revolutionizing commerce with safe, convenient, and rewarding payments and commerce solutions. Regulatory uncertainty chills innovation, so a more flexible regulatory structure that supports innovation will benefit consumers and merchants.”
About ETA
The Electronic Transactions Association (ETA) is the global trade association representing more than 550 payments and technology companies. ETA members make commerce possible by processing more than $5 trillion in purchases in the U.S. and deploying payments innovations to merchants and consumers. For more information visit www.electran.org.
Source: http://mobilemarketingandtechnology.com/2016/02/18/eta-applauds-cfpb-policy-to-facilitate-consumer-friendly-innovation/
