Tuesday, February 28, 2017

What will the new presidential administration change about online payments?

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It’s been a rocky start for the Trump Administration. Regardless of what side of the political spectrum you stand, there’s been controversy and divisiveness surrounding everything from the administration’s cabinet picks, the travel ban, and the repeal of Obamacare.

However, we’re curious about how the new administration is going to impact payments systems — which could have grave implications for big banks to Fintech startups to customers like you and me.

Rolling back regulations

The Trump Administration has made no secret that they’re going to relax on regulations that have been placed on banks following the 2008 economic crisis. The administration is focusing on dismantling the Dodd-Frank Act, as well as the Consumer Financial Protection Bureau. Read more…

More about Business, Online Payments, and Business
Originally syndicated from What will the new presidential administration change about online payments?


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