Unofficial Start 

Join us to get to know the SFE and UMACHA education team, your speakers, and your peers. 

Jennifer Miller, AAP, APRP, NCP, UMACHA

UMACHA

Opening Keynote: Charting the Fintech Horizon: Navigating Partnerships, Compliance, and Advocacy in the Payments Landscape

Over the last fifteen years, fintech innovators have been transforming the way Americans bank, lend, and transact, leveling the playing field for millions of consumers and small businesses. Once thought to be at odds with each other, responsible fintech companies and innovative banks are poised to drive the future of financial services innovation as they break down the traditional barriers to capital and reach families and businesses traditionally left behind. While market dynamics have changed for the better, regulators and policymakers still have opportunities to improve. Across the federal and state landscape, fintech needs improved supervisory expectations and, where relevant, new regulatory frameworks. Join Phil Goldfeder, CEO of the American Fintech Council (AFC), as he shares his experience on the frontlines of the fintech regulatory conversation and learn what regulators and policymakers should be doing to provide clear expectations on the processes that fintech companies and banks should pursue as it relates to managing risk, ensuring compliance, and serving consumers effectively.

Phil Goldfeder American Fintech Council

BREAK

Navigating the Fintech Frontier: Exploring Evolving Money Transmission Laws and Strategic Partnerships in the Era of the Money Transmission Modernization Act

In this session, Keith and Carlin will discuss federal and state money transmission laws, including recent changes to state laws to conform with the Money Transmission Modernization Act. The presentation will also cover financial institutions partnering with fintechs for-the-benefit-of ("FBO") accounts and items that both sides should consider in partnership. 

Carlin McCrory, Attorney - Troutman Pepper LLP

Keith Barnett,  Attorney - Troutman Pepper LLP

BREAK

Consumer Financial Data in 2024: Ownership, Protection and New Regulations 

2024 promises more developments in U.S. consumer financial data rights and protections at both federal and state levels. This session will look at the CFPB's proposed rule on personal financial data rights under Dodd-Frank Act Section 1033, which is expected to be finalized in the fall of 2024, and how your organization may be impacted. We'll also examine the FTC's Safeguards Rule, the recent update to the data breach notification requirements, and the possibility of a comprehensive federal privacy law. Couple these national developments with the recent enactment of state privacy laws and managing consumer financial privacy programs becomes more complex. We will delve into the interaction between state privacy laws and entity-level versus data-level exemptions for financial institutions. How should financial institutions, fintechs, and their customers navigate this rapidly changing landscape? Attendees will put their data rights knowledge to the test through interactive questions and gain an understanding of data rights and security requirements. 

Matt Luzadder, Attorney - Kelley Drye & Warren LLP

Alex Schneider, Attorney - Kelley Drye & Warren LLP

LUNCH

Everybody Wins: Driving Products & Profitability with FI/Fintech Partnerships

Often perceived as competitors, FIs and Fintechs are discovering new and cost-effective ways to succeed through partnerships. It's a win/win: FIs can more quickly roll out personalized products and niche services to generate new sources of non-interest income; Fintechs are able to expand their customer base, expedite speed-to-market, and boost their revenue. There are many rewards associated with these partnerships and there are also additional risk management practices and requirements. Join us to explore some of the exciting ways that fintech providers and financial institutions are successfully working together to meet users' needs and scale their businesses - while providing seamless experiences for customers. As a bonus, attendees will receive Debbie and Pam's top ten list of practical tips on how to help Financial Institutions and Fintechs achieve "Vendor Management Success" in 2024.

Pam Rodriguez, AAP, CIA, CISA, President and CEO, Southern Financial Exchange (SFE)

Debbie Smart, AAP, CTP, Senior Product Marketer-Commercial Solutions - Q2

Modernizing Payments: Exploring UCC 4A Revisions and Addressing User Authentication Challenges in Fintech

This session will look at the difference between authentication and authorization, why these principles are important, and how they may relate to various payment methods. This session will also look at the definition and applicability of a "commercially reasonable security procedure" under Article 4A of the Uniform Commercial Code and how it might impact liability for your organization. 

Scott Jones, Attorney, Partner in Charge,  Adams & Reese Law, LLP

BREAK

Fintech Resilience: A Practical Approach to Third-Party Risk Management and Proactive Risk Assessments

Explore best practices for implementing robust risk management frameworks tailored to the unique challenges in third-party relationships with fintech companies. This session offers actionable strategies to enhance your fintech resilience, ensuring your operations remain secure, compliant, and proactive in an ever-evolving digital landscape. You will take away how to identify inherent risks for an effective risk assessment through real-world examples to help you determine effective controls for the mitigation of risks within your risk management program.

Marsha Jones, President- TPPPA

Nanci McKenzie, AAP, APRP, EVP, Juris Masters - Affirmative Technologies