Professional Bio

Lyn Farrell to Speak at NACHA - The Electronic Payments Association PAYMENTS 2014
Date: April 9, 2014
Time: 9:45 AM - 10:45 AM
Location: Orlando World Center Marriott, Orlando, FL
Topic: Top Ten Risk Management Strategies for New Product Innovation

Advances in new payment innovations and the pressure to increase revenues have spurred an increase in new consumer product development and implementation. The product design and development process is fraught with consumer protection regulatory challenges including the unfair, deceptive and abusive acts or practices (UDAAP) oversight authority granted to the CFPB under Dodd-Frank. Participants in this session hear from UDAAP thought leaders and payment compliance experts who impart insights on the most important compliance action steps financial institutions should take to protect themselves when designing new products.

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