In the latest episode of the Risk Intel Podcast, host, Ed Vincent, CEO of SRA Watchtower, engages in an enlightening discussion with Ryan Richardson and Andy Lorentz, seasoned attorneys and regulatory experts at Davis Wright Tremaine, LLP. This insightful episode unveils the intricacies of the newly proposed Consumer Financial Protection Bureau (CFPB) rule on Digital Payments that aims to extend supervisory authority to larger non-bank participants.
Join Ed, Ryan, and Andy as they navigate the regulatory landscape, shedding light on the potential changes and implications for non-bank entities engaged in diverse consumer financial activities. The conversation also delves into the nuances of direct versus indirect supervision and unravels the challenges faced by technology companies operating in the financial services realm.