Power of Prepaid Podcast

In this special recap episode, Ben Jackson sits down with Kate Lybarger to reflect on their experiences at the recent IPA Conference in Washington, DC. Ben and Kate unpack the key themes, standout moments, and emerging trends that defined the three-day event that was packed with insights from regulators, fintech innovators, authors, and industry leaders. From the evolving regulatory landscape and financial inclusion to fraud prevention and the future of blockchain and crypto, this episode offers a thoughtful synthesis of the conversations shaping the future of payments and fintech. Topics Covered Include: ·      Synapse and Evolve as case studies in shared accountability between banks and fintechs. ·      Why fintechs must “act like grownups” and own their risk management. ·      Insights into how the regulatory tide may be shifting—from strict oversight to more open innovation. ·      Federal vs. state approaches to regulation and their implications for fintechs and consumers. ·      Why AI is a powerful tool (not a magic wand), and where it might go next. ·      Realism about crypto's volatility vs. blockchain's infrastructure potential.

  In this episode, Ben Jackson talks with Kevin McColly, the CEO of Coinstar, which allows consumers to convert coins into other types of currency through its kiosks.   They discuss the role of coins and cash in the U.S. payments system, the future of the penny and why the CEO of a coin counting company favors stopping its production.  Below are links to the announcements of the bills that seek to stop production of the penny.  McClain, Garcia, Lummis, Gillibrand Introduce Bipartisan Bill to End Penny Production  Lee, Merkley Bill Would Save Taxpayers Millions by Ending Penny Production    This podcast was recorded on May 5, 2025. Things may have changed by the time you hear it. 

With a new administration in place, the payments industry is bracing for regulatory changes—and now, some early outlines of those changes are coming into focus.  In this episode, IPA's Ben Jackson speaks with Brian Tate, CEO of the Innovative Payments Association, about what's happening in Washington and beyond. They discuss:  The CFPB's announcement that it may rewrite the open banking rule  Potential changes to the prepaid rule  The implications of the CFPB ending its appeal in the PayPal case  This episode was recorded on May 8, 2025. Please note that developments may have occurred since then.  Additional Resources:  IPA Summer of Learning Webinar Series  IPA Compliance Boot Camp – September in Chicago  Stay tuned for future episodes and don't forget to subscribe!   

  In this episode, Ben Jackon and Brian Tate, the IPA's CEO, give a preview of the Innovative Payments Conference happening in Washington DC from April 29 through May 1.   They discuss the speakers – including Acting Comptroller of the Currency Rodney Hood and Avy Mallick, the General Counsel of the California Department of Financial Protection & Innovation – and the themes for this year's show and the knowledge that attendees will gain to help them do their jobs better.   Podcast listeners can get 10% off the price of registration when they use the code “BensFriends10” when they register here: Innovative Payments Conference  This podcast was recorded on April 17, 2025. Things may have changed by the time you hear it.     

   In this episode Kate Lybarger, the director and head of Payments Innovation at Discover Global Network, discusses why the financial services industry has not hacked financial wellness yet.  We cover what financial wellness means, the role of AI, and why it might make sense to separate advice from products.  This podcast was recorded on March 24th, 2025. Things may have changed by the time you hear it.   To keep up with the rapidly changing payments environment, register for the Innovative Payments Conference in Washington DC from April 29 through May 1.   You will learn about:  the future of banking as a service,  the unwinding of the Synapse bankruptcy with former FDIC chair Yelena McWilliams,  the future of regulation with the acting comptroller of the currency, Rodney Hood, and   a presentation on scams from the Better Business Bureau.  Listeners can get $25 off the price of registration when they use the code Podcast. Learn more and register at: Innovative Payments Conference.   

  In this episode, Ben Jackon and Brian Tate, the IPA's CEO, discuss the patterns beginning to emerge in the new administration's approach to financial regulation.   They talk about how Congress is offering its suggestions on regulations to the agencies, the possibilities for future legislation, and why now might be the perfect time to open up some old rules for revision.   This podcast was recorded on April 10, 2025. Things may have changed by the time you hear it.  If you want to keep up with the rapidly changing payments environment, make sure that you register for the Innovative Payments Conference in Washington DC from April 29 through May 1.   We will look at the future of regulation from both the federal and state perspectives as we hear from Acting Comptroller of the Currency Rodney Hood and Avy Mallick, the General Counsel of the California Department of Financial Protection & Innovation. We will also have sessions on fraud prevention, bank fintech relationships, and a special session on leadership in chaotic times with Pulitzer Prize winning author Jonathan Eig, author of King: A Life, and Ali: A Life, among others.   Podcast listeners can get $25 off the price of registration when they use the code “Podcast” when they register here: Innovative Payments Conference.     

With Washington buzzing amid political intrigue and economic turbulence, it's easy for critical developments in the payments industry to slip under the radar. Join host Ben Jackson and IPA's CEO, Brian Tate, as they explore the most pressing issues affecting payments today.  This episode covers the withdrawal of the brokered deposits rule, the latest nominees to head the regulatory agencies, and the Congressional Review Act resolutions moving through Congress.  This episode was recorded on March 20, 2025. Note that things may have changed since then.  To learn more about everything happening in the payments industry register for the Innovative Payments Conference (April 29–May 1, Washington, D.C.). Use the code "Podcast" for $25 off!  If you are not currently a member, make sure to visit our website, IPA.org, to learn more about the benefits of membership.  

  Even the Ancient Greeks had to navigate business regulations, and the roots of such ideas are discussed in one of philosophy's greatest works—Plato's Republic. Join host Ben Jackson and IPA CEO Brian Tate, as they delve into this classic text and its relevance today. In this episode, the team explores:  How The Republic can provide foundational ground rules for business conversations.  The limits of philosophy in the practical world.  Whether Plato's allegory of the cave holds insights into modern innovation and management.  This is the first installment in our 2025 Book Club series. Our next book will be The Alignment Problem by Brian Christian, where we dive into the ethical and practical challenges of artificial intelligence.  Special Offer for Podcast Listeners: Make sure to attend the Innovative Payments Conference in Washington, D.C., from April 29–May 1, 2025, to hear from top legislators, regulators, and industry experts. Use the promo code Podcast at checkout to get $25 off your registration fee.  Recorded on March 6, 2025, this episode remains a timeless conversation about enduring ideas that continue to shape our understanding of innovation, ethics, and enterprise.  Links and Contact Info:  Read along and join the book club! Email Ben at bjackson@ipa.org.  Conference details: Innovative Payments Conference   

  When you think of ways to relieve stress, gift cards probably don't top your list. But new research from Blackhawk Network suggests they might be the unsung heroes of holiday stress management. In this episode, Ben Jackson chats with Sarah Kositzke, Senior Global Insights Manager at Blackhawk, about the company's 2024 holiday spending study.  Join us as we discuss:  The continued growth in gift card spending.  How consumers are turning to AI for their shopping needs.  The surprising role gift cards play in reducing stress before, during, and after the holiday season.  This episode was recorded on February 28, 2025—so some details may have changed by the time you listen.  Resources:  Get the Post-Holiday 2024 Research Infographic Now! | BHN   Upcoming Event: Don't miss the Innovative Payments Conference in Washington, DC, from April 29 – May 1! Learn from legislators, regulators, and industry experts about the forces shaping the payments landscape. Podcast listeners get $25 off registration with code Podcast (make sure to capitalize the first letter). 

  The new administration is moving fast, and payments regulations are caught up in the changes. Recent leadership nominations, staff reductions, and agency reviews are raising big questions about the future of regulation — especially at the CFPB. Will the Bureau continue its enforcement agenda, scale back, or be restructured entirely?  In this episode, IPA CEO Brian Tate joins Ben Jackson to discuss:  The nomination of new leadership at the CFPB and OCC and what it signals for financial regulation.  The ongoing review of the CFPB, potential workforce reductions, and how it might impact enforcement.  What could happen to existing rules like overdraft and open banking in this changing environment.  The possibility of other regulators or lawsuits stepping in to enforce CFPB rules.  Recorded on February [DATE], 2025, this episode provides key insights into the shifting regulatory landscape and what payments companies should expect in the months ahead.  Stay Informed with IPA:  Subscribe to the podcast for real-time updates.  IPA members: Join our government relations and fraud prevention calls for deeper insights.  Join us in Washington, DC, from April 29 to May 1 for the Innovative Payments Conference and hear directly from regulators and policymakers. Learn more at IPA.org.   

The Trump administration's efforts to reshape Washington may have major implications for the payments industry. One of the biggest developments? Elon Musk's team has reportedly gained access to key Treasury payment systems, which could change how federal payments are processed.  In this episode of the IPA Payments Pod, IPA CEO Brian Tate joins Ben Jackson to break down:  What Musk's access to federal payment systems could mean for payments innovation and competition.  The potential role of the newly announced X Money Account in processing government payments.  Privacy and security concerns related to access to taxpayer and benefits recipients' data.  The latest changes at the CFPB and what they could mean for payments regulation.  This podcast was recorded on February 4, 2025. Keep in mind that developments may have occurred since then.  Stay Informed with IPA:  Subscribe to the podcast and share it with colleagues to stay up to date on critical industry developments.  IPA members, be sure to attend our regular government relations and fraud prevention calls for the latest updates.  Join us in Washington, DC, from April 29 to May 1 for the Innovative Payments Conference to hear from regulators, lawmakers, and industry leaders. Learn more and register at IPA.org.   

  The second Trump administration has kicked off with significant regulatory actions that could impact the payments industry. In this episode, IPA CEO Brian Tate joins Ben Jackson to break down the latest developments and explore what they might mean for financial services.  Key topics include:  The executive order on regulatory freeze: What it does and doesn't do.  The future of crypto regulation and its possible integration into traditional finance.  Speculations on upcoming changes in oversight, rules, and enforcement.  Recorded on January 22, 2025, this episode provides early insights into the administration's financial priorities and what they might mean for payments and banking. Things may have changed by the time you hear it.   Resources and Events:  Learn more about IPA's weekly and monthly government relations working groups and Financial Crimes Prevention calls by visiting IPA.org.  Join us at the IPA Annual Conference in Washington, DC, from April 29 to May 1. Explore innovation, regulation, and strategies for navigating the evolving payments landscape. Register here.   Subscribe to this podcast to stay updated on key developments in the payments industry. Don't forget to leave a review and share it with colleagues!     

  The Consumer Financial Protection Bureau is starting 2025 with a significant move—a proposed interpretive rule expanding the scope of products regulated under Regulation E. Despite the expectation that CFPB Director Rohit Chopra will be replaced by the next administration, the Bureau continues its active rulemaking and enforcement efforts.  In this episode of the IPA Payments Pod, I'm joined by Brian Tate, the IPA's CEO, to discuss the implications of this proposed rule for the payments industry. We dive into:  Key provisions of the rule.  Its potential longevity amidst a changing administration.  How it might serve as a foundation for regulatory reform.  This podcast was recorded on January 14, 2025. Things may have changed by the time you hear it.  Stay tuned as we monitor updates to this proposed rule.  Don't miss our upcoming Webinar on January 23, where we'll discuss strategies for working with older adults who have experienced fraud. Members can register at IPA.org.   Subscribe to the IPA Payments Pod, leave us a review, and share this episode with your colleagues to stay informed on critical regulatory changes shaping the payments industry. 

  Host: Ben Jackson Guest: Brian Tate, CEO, IPA Recorded: December 19, 2024  Episode Summary: How much influence do CEOs really have in the White House? In this episode, we dive into this question through the lens of Tevi Tory's book, The Power and the Money. Tory explores the relationships between presidents and the heads of business throughout history, shedding light on how business leaders have shaped U.S. policy.  Join Ben Jackson and Brian Tate, IPA's CEO, as they discuss the key takeaways from the book and what lessons it offers for today's business leaders. They reflect on the examples presented in the book and share personal insights from their own careers.  This podcast was recorded on December 19, 2024, so please note that some information may have changed since then.  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.   

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.      

In this episode Brian Tate, the IPA's CEO, the emcees from the 2024 Innovative Payment Conference, Tim Sloane and Lorain Debonis, discuss the recent conference and how the presentations there relate to developments in the payments industry. We talk about artificial intelligence, embedded finance, banking as a service, and how the industry can prepare for what's next. This podcast was recorded on June 17, 2024. Things may have changed by the time you hear it.

In this episode Brian Tate, the IPA's CEO, discusses recent developments with the regulatory agencies and why that could lead to a flurry of activity through the rest of the year.  We talk about personnel changes at the regulatory agencies, the long ranging effects of the Supreme Court's CFPB Decision, and how the industry can prepare for what's next.  This podcast was recorded on June 13, 2024. Things may have changed by the time you hear it. 

In this episode Brian Tate, the IPA's CEO, Eli Rosenberg of Baird Holm, and Brian Axel, the managing partner of Axel Law discuss the Supreme Court's Decision in Consumer Financial Protection Bureau vs. Community Financial Services Association of America. They cover what it means for the future of the Bureau and for regulatory lawsuits.   This podcast was recorded on May 17, 2024. Things may have changed by the time you hear it.   

In this episode Ben Jackson, the IPA's COO, discusses the future of fintech and payments with some of the people who will make it happen. He is joined by Scott Thompson and Garam Mansour, two current students with a strong interest in Fintech, and Laura Gibson, the executive director of the Georgia fintech Academy. They talk about how college students think about payments, the future of Fintech, and why financial literacy is so important for fintech founders as well as fintech users.  This podcast was recorded on April 26, 2024. Things may have changed by the time you hear it. 

In this episode John Lowe, CPI Card Group Inc.'s new president and CEO, discusses the future of the company and the future of the way people pay. We talk about the importance of physical payments cards for fintechs and banks, the role of digital cards for a card manufacturer, and CPI's approach to integrating both.  This podcast was recorded on April 9, 2024. Things may have changed by the time you hear it.   

In this episode Brian Tate, the IPA's CEO, and Ben Jackson, the COO, discuss regulatory and legislative developments at both the state and federal levels. They cover bills on EWA in Kansas, the department of Treasury's green book, and a court case involving PayPal and the CFPB.   This podcast was recorded on April 11, 2024. Things may have changed by the time you hear it. 

In this episode Brian Tate, the IPA's CEO, and Ben Jackson, the COO, discuss Michael Lewis's most recent book Going Infinite: The Rise and Fall of a New Tycoon, by Michael Lewis. They talk about what happened to the company, the role of Sam Bankman-Fried, and the lessons the industry can learn from the saga.   This podcast was recorded on April 3, 2024. Things may have changed by the time you hear it.      

In this episode Kiah Lau Haslett, the banking and fintech editor for Bank Director magazine, discusses her report “Artificial Intelligence, a Real World Approach.”  She covers how banks can include AI in their strategy, what they need to do to prepare, and how they can guard against potential pitfalls.  The opinions expressed on this podcast are those of the speaker and do not represent the official position of any organization unless otherwise stated.   This podcast was recorded on March 14, 2024. Things may have changed by the time you hear it.   You can download the report here: AI Report Digital - Flipbook - Page 1 (paperturn-view.com)   

    In this episode Dr. Billy Hensley, the president and CEO of the National Endowment for Financial Education, discusses NEFE's Personal Finance Ecosystem, which is a framework to show the different factors that affect a person's financial well-being.  You can find the ecosystem here: https://www.nefe.org/ecosystem.  We discuss how the ecosystem can inform the efforts of financial companies, nonprofits, and policymakers who want to improve peoples' financial situations. We also talk about why financial education alone cannot fix an individual's financial problems.   This podcast was recorded on February 15, 2024. Things may have changed by the time you hear it.    

In this episode Brian Tate, the IPA's CEO, discusses the regulatory, legislative, and court actions that will shape payments in 2024.  He discusses outstanding proposed rules on overdraft and interchange, proposed state laws on earned wage access, and court cases against the Consumer Financial Protection Bureau.   This podcast was recorded on February 12, 2024. Things may have changed by the time you hear it.    

  In this episode Sarah Craven, the product manager for transaction laundering detection products at G2 Risk Solutions, discusses how companies selling illegal or unsavory goods hide e-commerce transactions.   We discuss how bad actors use various ruses to disguise what they are really selling, how transaction laundering threats have evolved, and why it pays to trust your gut.  This podcast was recorded on January 18, 2024. Things may have changed by the time you hear it.    

When a paycheck arrives can be just as important as its size. In this episode, we talk with Matt Pierce, the founder and CEO of Immediate, an earned wage access provider. He discusses what led him to found Immediate, how earned wage access contributes to financial health, and how EWA stacks up against payday loans.    This podcast was recorded on January 11, 2024. Things may have changed by the time you hear it.  

In this episode of the IPA's monthly government update podcast, the IPA's CEO Brian Tate, and its COO, Ben Jackon, discuss the current state of regulation and what is coming in 2024.   They talk about how payments companies should plan in light of the regulatory proposals from 2023 that are still active. They cover on-going court cases that could shape the industry. They also discuss how the election might affect the regulators' plans for the rest of the year.  This podcast was recorded on January 11, 2024. Things may have changed by the time you hear it.    

  In this episode of the IPA book club, the IPA's CEO Brian Tate, and its COO, Ben Jackon, discuss Malcolm Gladwell's Outliers.   The book explores how being successful can depend on context, and how success is not always just a matter of hard work or having the best idea or strategy. We look at what the factors for success are and what lessons the book has for business innovation.  This podcast was recorded on December 11, 2023. Things may have changed by the time you hear it.  

Helping low- and moderate-income people build wealth is a long-term process, and Systems and Methods Inc., or SMI as they are known, has a plan to do that.  In this episode, Bo Stone, the chief strategy officer of SMI, and Wesley Stone, SMI's director of government affairs discuss the company's decade to decade approach to growth and how its products are evolving to open up new opportunities for SMI and its customers.  This podcast was recorded on December 12, 2023. Things may have changed by the time you hear it.        

Over the past few weeks, regulators have released a variety of regulations that could reshape the payments industry and have plans for more in the new year.   In this episode, Brian Tate, the IPA's CEO, discusses proposed rules on interchange, open banking, and big tech companies. We also talk about what may be coming in 2024.  This podcast was recorded on December 14, 2023. Things may have changed by the time you hear it.    

Gift cards are expected to make up a larger part of holiday shopping budgets, according to new research from Blackhawk Network. In this episode, Jay Jaffin, chief marketing officer at Blackhawk, discusses the expected growth in gift card purchases, why cards benefit merchants and shoppers, and how banks and other companies can make use of the trend.   This podcast was recorded on November 6, 2023. Things may have changed by the time you hear it.    

In this episode, Brian Tate, the IPA's CEO, and COO Ben Jackson discuss the latest proposed regulations that care coming out of Washington. They cover the Fed's proposal to reduce the cap on debit interchange for issuers with more than $10 billion in assets. They cover the CFPB's proposed open banking rules, and look at a proposal to regulate earned wage access in California.   This podcast was recorded on November 9, 2023. Things may have changed by the time you hear it.  

    In this episode, the IPA talks with Heather McElrath, the founder of Sandbox Communications, about corporate giving. We cover when and how companies should give money and other support to charitable causes, what the benefits and drawbacks are, and how companies should communicate about their giving.   You can learn more and contact Sandbox Communications here: https://www.sandboxcomm.com/  This podcast was recorded on November 3, 2023. Things may have changed by the time you hear it.  

In this episode, the IPA Book Club returns to discuss Michael Lewis's MoneyBall. The book describes how the Oakland A's took a new approach to finding players, building a team, and playing the game of baseball. We explore what lessons the payments industry can learn from the new approach the team took, and what it takes to challenge conventional wisdom successfully. This podcast was recorded on October 5, 2023. Things may have changed by the time you hear it.  

Do you know what scams people fall for most often? Could you recognize a scam if someone was targeting you? In this episode, Melissa “Mel” Trumpower the Executive Director of BBB Institute for Marketplace Trust, discusses the findings from the Better Business Bureau's Scam Tracker research. She talks about the most common types of scams, how different types of scams target different demographics, and why losing money is not the only risk for people. You can find links to the research and to the reporting tool at: Find and Report a Scam | Better Business Bureau (bbb.org) This podcast was recorded on August 3, 2023. Things may have changed by the time you hear it.

  In this episode, Brian Tate, The IPA's CEO, and Chris Stromberg, the director of government relations, discuss both federal and state bills that could shape the payments industry.  They discuss a potential bill on earned wage access, legislation on how banks can work with cannabis businesses, and a bill in California to ban plastic gift cards.  This podcast was recorded on October 12, 2023. Things may have changed by the time you hear it.     

  Criminals don't respect borders, so their crimes and the money they make often move internationally.   Whether it is human trafficking, antiquities smuggling, or just plain fraud, when crime crosses boarders, the Department of Homeland Security gets involved.   In this episode, Raul Aguilar, Deputy Assistant Director for the Financial and Fraud division for Homeland Security Investigations describes what his agency does. HIS is the principal investigative arm of the U.S. Department of Homeland Security and is responsible for investigating transnational crimes and threats. It falls under the director of U.S. Immigration and Customs Enforcement and was created in 2003 when U.S. Customs and the Immigration and Naturalization Service merged.   In the podcast, Deputy Assistant Director Aguilar referred to operation Cornerstone. Links to its LinkedIn page and Web page are below:  HSI Cornerstone: Overview | LinkedIn  U.S. Immigration and Customs Enforcement (ICE) - Welcome! (govdelivery.com)  Information on the guide to organized retail crime can be found at these links:  HSI, ACAMS take aim at organized retail crime | ICE  Organized Theft Groups and Organized Retail Crime | ACAMS  This podcast was recorded on October 4, 2023. Things may have changed by the time you hear it.     

Arguments over the future of the Consumer Financial Protection Bureau came to a head this week at the Supreme Court. The Court heard oral arguments in Consumer Financial Protection Bureau V. Community Financial Services Association of America. At issue is whether or not the CPFB's funding is Constitutional. The IPA's CEO Brian Tate was there and heard the arguments live. In this episode he joins the IPA's government relations director, Chris Stromberg, to talk about the arguments made and what the possible outcomes are.  You can find a transcript of the arguments here: 22-448 (supremecourt.gov). This podcast was recorded on October 4, 2023. Things may have changed by the time you hear it.

Technology has reshaped everything about banking, including one of its most basic products: deposits. In this episode, we discuss how Banking as a Service and fintechs have reshaped the landscape for consumer deposits, the regulatory response, and what this means for the risk profile of banks. Joining us are Kiah Lau Haslett, Banking and Fintech Editor at Bank Director, Alex Johnson, Founder of Fintech Takes, Jason Mikula, Publisher of Fintech Business Weekly, and Brian Tate. President and CEO of the Innovative Payments Association. This podcast was recorded on September 26, 2023. Things may have changed by the time you hear it.

As summer winds down Earned Wage Access products are in the spotlight at multiple levels of the government.   In this episode, Brian Tate, the IPA's CEO, and Chris Stromberg, our director of Government Relations, discuss what is happening in the world of EWA regulation at the state and Federal level and how the IPA is trying to inform the conversation. They also talk about the CFPB's recent report on mobile payments, and the possibility of a government shutdown.   You can find the earned wage access page mentioned in the show here: Home | Earned Wage Access  You can see the IPA's past advocacy on the topic here: Innovative Payments Association | EWA - Innovative Payments Association (ipa.org)  This podcast was recorded on September 7, 2023. Things may have changed by the time you hear it.  

Is business just another form of war?  In this episode the IPA book club returns with a look at the intersection of business and military strategy. We read the ancient classic “The Art of War,” by Sun Tzu, and to put it in a business context, we also discuss the Oliver Stone film “Wall Street.”   In this episode, Brian Tate, the IPA's CEO, and Ben Jackson, the IPA's COO discuss both the book and the movie and what they say about modern business.   This podcast was recorded on July 24, 2023. Things may have changed by the time you hear it.