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#26 - Who Protects Your Payments?

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Manage episode 271000857 series 2495483
Content provided by Conference of State Bank Supervisors (CSBS). All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Conference of State Bank Supervisors (CSBS) or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

  continue reading

Chapters

1. #26 - Who Protects Your Payments? (00:00:00)

2. What is a "Payment?" (00:01:35)

3. What is a Mobile Payment? (00:02:45)

4. Payments Over the Last 100 Years (00:03:26)

5. Who Supervises Payment Companies? (00:09:05)

6. How do so Many New Companies Get Involved in Payments? (00:10:20)

7. What Happens to Your Cash if a New Company Fails? (00:11:40)

8. Can the Federal Government Effectively Supervise Payments Companies? (00:13:57)

9. What are the Consequences of a Centralized System for Payments? (00:15:45)

10. Is the Federal Payments Charter Legal? (00:16:28)

11. The OCC Tries to Ignore a Court Decision (00:17:48)

84 episodes

Artwork
iconShare
 
Manage episode 271000857 series 2495483
Content provided by Conference of State Bank Supervisors (CSBS). All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Conference of State Bank Supervisors (CSBS) or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

  continue reading

Chapters

1. #26 - Who Protects Your Payments? (00:00:00)

2. What is a "Payment?" (00:01:35)

3. What is a Mobile Payment? (00:02:45)

4. Payments Over the Last 100 Years (00:03:26)

5. Who Supervises Payment Companies? (00:09:05)

6. How do so Many New Companies Get Involved in Payments? (00:10:20)

7. What Happens to Your Cash if a New Company Fails? (00:11:40)

8. Can the Federal Government Effectively Supervise Payments Companies? (00:13:57)

9. What are the Consequences of a Centralized System for Payments? (00:15:45)

10. Is the Federal Payments Charter Legal? (00:16:28)

11. The OCC Tries to Ignore a Court Decision (00:17:48)

84 episodes

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