Featured Articles

CFPB Issues Arbitration Rule

Related Articles:

State Bankers Associations Urge Congress to Take Action to Block Arbitration Rule

Director Cordray responds to Acting Comptroller's arbitration rule letter raising safety and soundness concerns

OCC Issues Semiannual Risk Perspective

Court Ruling Provides Ray of Sunshine for TCPA Defendants

OFAC Issues new FAQs for Cuba Sanctions

FTC Announces Internal Process Reforms: Reducing Burdens and Improving Transparency in Agency Investigations

Troutman Sanders logo

Troutman Sanders Regulatory Reports

June 2017

May 2017

April 2017


Arbitration Rule Compliance Date Set for 3-19-18


A Review of the New York Cybersecurity Framework for Financial Institutions Aug 10 - 3:00 ET

NACHA Happenings

Same Day ACH (Phase 2) Debit Entries Available Beginning September 15, 2017

Third-Party Sender Registration Effective September 29, 2017

RFI - Info Security - Due 8-4-17

Call for Presentation - NACHA Payments 2018

CFPB Update

CFPB Monthly Report Highlights Top Issues by State

CFPB Issues Rule to Ban Companies From Using Arbitration Clauses to Deny Groups of People Their Day in Court

Fintech Update

CSBS Launches Fintech Advisory Panel to Help Modernize State Regulation

Louisiana Regulator to Guide Nationwide Licensing and Supervision System for Fintechs and Other Non-Bank

Acting Comptroller of the Currency Defends Fintech Charter in Speech

NYDFS Superintentent Responds to OCC Comments on Fintech Charter

Enforcement Matters

FTC Charges Debt Collection Scheme with Posing as Attorneys to Take Consumers' Money for Phantom Debts

CFPB Takes Actions Against Credit Repair Companies for Charging Illegal Fees and Misleading Consumers

Thank you to our Sponsor!

Tek Stream logo

Connect with Us!

compliance wall

Picture of Marsha Jones

TPPPA Member and Friends:

My message this month is on the importance of compliance training. Today we find ourselves caught in the collision of a rapidly changing regulatory environment on a federal and 50 state level, and accelerated changes in technology that will continue to advance faster and faster in the years to come. In order to seize upon the technological advancements, and stay out of compliance jail, we must stay informed.

The TPPPA and its Board feels strongly that compliance training should be readily accessible, timely and affordable. This is why we have decided to provide complimentary training offerings to our members and to the public. The better informed our industry is, the more quickly we can adapt and restore the reputation of third-party payment processing.

Thursday, July 20th we begin a 7-part series on Best Practices for Third-Party Payment Processors. This program was designed for our members, but we have decided to share three important topics with non-members. All sessions qualify for AAP continuing education credits. Thanks to our series sponsor, Commercial Bank of California. Click here to learn more and to register.
(Note - you may need to re-click on the link to sign up for each course.)

We record all of our training sessions. Check out our website for links to recordings of past training.

You will also find training opportunities with some of our partners throughout this newsletter.

Thank you for your interest in the TPPPA.

Marsha Jones, AAP, NCP, CAMS
TPPPA President

TPPPA Executive Summit 2017, Nov 8th - 10th

picture of Scottsdales McDowell Sonoran Preserve

The TPPPA Executive Summit is a 3 day event in beautiful Scottsdale, Arizona where top industry and company leaders will meet with TPPPA members and guests to network and strategize together on the issues important to the payment processing industry. Programming will be focused on the regulatory and legal landscape, including topics on BSA/AML, state money transmitter licensing and more. We will discuss how we, as a membership, can continue to move the third-party payment processing industry and our individual companies forward, while tackling the tough issues ahead.

Join us as we come together to distinguish our unique voice and message to the industry, and as we interact with federal and state regulatory, law enforcement and legislative agencies in the months ahead.

We have a special rate of $189/night at The Scott which will be available until October 18th. For more information and to register, Click Here!

G2 KYCC seminar ad

Click HERE to Register

Introduction to the TPPPA

July 25, 2017 at 2:00 PM EDT

The TPPPA will be conducting an Introduction to the TPPPA in webinar format on Tuesday, July 25th @ 2:00 p.m. ET. Please join us to learn about: TPPPA's membership, mission and purpose; our industry best practices in third-party payment processing, known as the TPPPA Compliance Management System (CMS); our CMS Certification Program for banks and third-party payment processors, as well as initiatives planned for 2017.

Click Here to Register!

It's deep into July and over half the year is gone.
Have you scheduled your audits?

picture of an hourglass

Learn about the TPPPA Consulting & Audit Services

Don't Delay! Get your Audits Scheduled Early!
Contact Lisa Black @ lblack@tpppa.org

You Don't Know What You Don't Know....
Independent Audits are the Way to Go!

TekStream Solutions logo

Our FinTech Recruiting Division offers a full range of solutions designed specifically to address the industry's needs; including tactical search, skill based assessments, and strategic advisement. We partner with public, private equity, and venture-backed firms in all sizes ranging from pre-revenue to Fortune 500.

Our experienced recruitment team has placed top candidates in all-level positions with many of the fastest growing companies; including: financial institutions, banks, processors, ISOs and gateways. While our primary focus is technology, we understand the many intricate aspects involved with payment industry survival - compliance, sales/marketing, product engineers and HR.

Jayme Danielson heads up our FinTech Recruiting Division as our in-house payments specialist. Jayme is an Atlanta native, graduating from Oglethorpe University. She worked for an Atlanta-based ISO for several years before coming to TekStream where she takes industry knowledge and experience to provide a consultative and uniquely informed perspective to FinTech client searches.

Interested in a Conversation? Contact Jayme.Danielson@TekStream.com or 404-558-1118

Monthly Member Meeting Schedule

All Meetings are at 2:00 ET

Second Monday of Each Month (exception October - 1st Monday due to Columbus Day)

Aug 14;   Sep 11;   Oct 2;   Nov 13;   Dec 11