Fintech Nexus

Fintech One-on-One #407: Penny Lee of the Financial Technology Association

January 23, 2023
Fintech Nexus
Fintech One-on-One #407: Penny Lee of the Financial Technology Association
Show Notes

The fintech industry has become much more sophisticated in how it engages with lawmakers and regulators in Washington. There are now many people in leadership positions, both within fintech companies and within the trade associations, with deep experience in government who can make sure our voice is heard. And that the issues that are most important to fintech companies are being discussed at the highest levels with Washington.

Our next guest on the Fintech One-on-One Podcast is Penny Lee, the CEO of the Financial Technology Association (FTA). She has been around politics and government her entire career and now is bringing her expertise and connections to help the fintech industry engage with leaders in Washington.

In this podcast you will learn:

  • What attracted Penny to the role at the FTA.
  • Their mission and the types of fintech companies they represent.
  • Some of the big names on their board.
  • How they are engaging specifically with lawmakers and regulators.
  • Their plans for engaging with some specific state fintech issues.
  • What initiatives have a shot at passing a divided Congress.
  • How they are specifically engaging with the CFPB.
  • The FTA's perspective on FedNow and what it could mean for fintech.
  • How they are supporting the bank-fintech partnership model.
  • How the FTA interacts with other fintech trade associations.
  • What Penny is most excited about for 2023.

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