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U.S. House Members Form Congressional Payments Technology Caucus

Four members of the House of Representatives formed a bipartisan committee known as the Congressional Payments Technology Caucus (CPTC) announcing the new group on March 19th. The group’s focus is to serve as a key resource of information for any discussions on future legislation around payment-centric topics such as data security, new payment technologies and access to electronic payments for the underbanked.

Lawmakers don’t have the best track record when it comes to regulations and legislations around payment related issues, with unintended consequences following the Durbin Amendment serving as one example. In hopes to help lawmakers better understand the payment issues at hand four members of the House of Representatives formed the Congressional Payments Technology Caucus.

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