Simply Stated - All Things Finance

#26 - Who Protects Your Payments?

September 01, 2020 Conference of State Bank Supervisors (CSBS)
Show Notes Chapter Markers

This is the story of your money. How it moves, who protects it, and the careful balance between keeping your money safe and allowing new ideas and apps to use this system. And we talk about a new federal government plan that could seriously harm this system.

What is a "Payment?"
What is a Mobile Payment?
Payments Over the Last 100 Years
Who Supervises Payment Companies?
How do so Many New Companies Get Involved in Payments?
What Happens to Your Cash if a New Company Fails?
Can the Federal Government Effectively Supervise Payments Companies?
What are the Consequences of a Centralized System for Payments?
Is the Federal Payments Charter Legal?
The OCC Tries to Ignore a Court Decision