LEG-REG-2

ETA Applauds CFPB Policy to Facilitate Consumer-Friendly Innovation

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. 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.Jason Oxman, ETA CEO