Scott Talbott

26 years experience as an advocate and communicator in Washington.

[Scott Talbott @ScottTalbottDC]

An “inside” view from @electranassoc #TTNYC

[Scott Talbott @ScottTalbottDC]

@electranassoc annual TTNYC hosted by @mastercard is today! #payments #ttnyc

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Don’t miss out on ETA’s member-exclusive free event! In just two weeks, representatives from the @federalreserve, @bankofengland, @bankofcanada, and the @BancoCentralBR will provide policy insights involving CBDCs, stablecoins, and more.

https://t.co/ilguJ26B20

[Electronic Transactions Association (ETA) @ElecTranAssoc]

It is not too late to nominate an award winner for the most prestigious awards in the payments industry!

The deadline for nominations for awards, including ISO of the Year, Pay it Forward, Top 10 Payments ISVs, and Committee Volunteer of the Year, is January 12th. Click the link below to learn more and nominate!

https://t.co/Pro9GDreEg

#ETAAwards2024 #ETAStarAwards #ETAYPP #ETA40u40 #ETATopSalesProfessionals

[Scott Talbott @ScottTalbottDC]

@FairfaxCountyPD @ChiefKDavis Outstanding! Keep up the great work.

[Scott Talbott @ScottTalbottDC]

@FairfaxCountyPD Keep up the great work!

[Senator Colin Deacon 🇨🇦🇺🇦 @colindeacon]

In her Fall Economic Statement, the Deputy Prime Minister and Minister of Finance promised to implement a Consumer-driven Banking (Open Banking) framework in Canada in 2024. Once implemented, it will represent a crucial first step in enabling citizens to safely and securely harness the power of their data in our data-driven economy. It will also introduce more competition and innovation in our financial services sector.

So when Consumer-driven Banking is implemented, what will this mean? Simply, it’s the first step in the process of enabling Canadians have control over their financial data and how it is used. They will be able to decide what data they share, and with whom, so that they can begin to benefit from the financial insights and services that are best aligned to their needs — lowering their costs and improving the quality of offerings. Based on the framework outlined, this will be a win for consumers, competition, innovators, regulators and our economy more broadly.

Additionally, and equally importantly, Open Banking will be the first use case of the data mobility right included in Bill C-27: The Digital Charter Implementation Act. We need to keep prioritizing the swift progress of Bill C-27, with relevant amendments, to enable more protections for Canadians while creating a well-defined data-driven economy across all across sectors, not just banking. This is crucial, because, today, our data is being vacuumed out of our control, and too often out of the country, the moment we press “I Accept” on an app or in a customer agreement.

The Minister’s commitment to implement Consumer-driven Banking will mobilize the important work led by Canada's Open Banking Lead, Abraham Tachjian, the tireless and exceptional work of Finance Canada officials, the dedication and effort of countless organizations and individuals who participated in the thorough several consultation processes, and the multitude of advocates and thought leaders who have helped to make this issue a political priority.

This implementation promise is an important first step. I remain concerned that the governance structure creates a level and future-focused playing field that can seamlessly expand the use-cases from “Open Banking” to “Open Finance” — and, sooner than later, to more broadly include “Open Data” where citizens’ will have control over and the ability to benefit from, their data that is currently captured and held a multitude of providers in a wide breadth of sectors.

There is much more to do, but it looks like we are now starting to travel down the road of progress. I hope that we can increasingly move with haste, and start to catch up to, and even pass, our global peers.

#CompetitionMatters #Innovation #CostofLiving #DataRights #Fintechs #OpenBanking

https://t.co/spL2G7A0NQ

[Scott Talbott @ScottTalbottDC]

Excited to speak at #WSAA2023 about the latest in public policy for payments.

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Bank of Canada, Bank of England, Banco Central do Brasil, and Federal Reserve Board are coming together next week on October 5th to discuss policies for digital currencies.

This is an ETA-exclusive, members-only virtual event, and an RSVP is required. Register today: https://t.co/dfrhwQTsjI

#DigitalAssets #GlobalBanking

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Test cases for CBDC are already underway. RSVP today to hear directly from @federalreserve, @bankofengland, @bankofcanada, and the @BancoCentralBR – banks that are shaping the future of cryptocurrency – at ETA’s exclusive, members-only virtual event: Four Central Banks Talk Digital Assets, on Thursday, Oct 5, 9am ET / 2pm BST. RSVP here: https://t.co/ZQvRtINHPH

Interested in becoming an ETA member, please email John Losh, Director of Membership & Education, [email protected]

[TSG @tsgpayments]

EVP of @ElecTranAssoc, @ScottTalbottDC is our latest guest in the #TSG Executive Interview Series. We sat down with Scott to gain insights like:
🔘 Compliance
🔘 Impacts of AI
🔘 A Look ahead to 2024

Read More: https://t.co/EQOOOGU9en

#ETA #Payments #Complaince

[Electronic Transactions Association (ETA) @ElecTranAssoc]

We’re excited to announce Mastercard US Chief Economist Michelle Meyer as a returning #ETASLF speaker!

Michelle brings an extensive background in payments, spending, and economy and a perspective you can’t afford to miss: https://t.co/buU3OwgBI1

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Information on ETA discussion on social media advertising & dark patterns, strengthening relationships with lawmakers in California, successfully starting as a salesperson in merchant services, and more will be found in this week’s Transaction Trends Weekly. Written by industry experts, get insights on payments like nowhere else… Let's dive in.

https://t.co/3FmfdnsNLB

[Electronic Transactions Association (ETA) @ElecTranAssoc]

#SLF2023 isn't just another conference — it's an unparalleled gathering for payments leaders to explore macro-trends through curated speakers and networking opportunities.

Space is limited, register today: https://t.co/buU3OwgBI1

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Maintaining compliance is essential — and staying ahead of changes from regulators is key.

At PCC, industry-leading speakers from the OCC, FCC, CFPB, and more will share their knowledge and insights.

Join us this November in Pentagon City: https://t.co/Vr1yConqqx

[Electronic Transactions Association (ETA) @ElecTranAssoc]

ETA filed comments with the @CFPB to adopt a more specific definition of “data broker” with firms that do not have a direct relationship with the consumer or are not acting on their behalf and are engaged in the sale of personal information for purposes such as marketing, credit evaluation, and background screening. A refined definition would provide a clearer understanding of the roles and responsibilities of different entities within the data industry.

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Payments is one of the fastest-growing industries and can provide tremendous financial success with the appropriate effort. However, making common mistakes will slow down even the best agent.

Learn how to avoid those mistakes: https://t.co/ULEtyKKWpl

[Electronic Transactions Association (ETA) @ElecTranAssoc]

Information on ETA working with two groups on payments events in Singapore, Massachusetts legislature holding hearing on surcharge bills, ETA releasing stablecoin guiding principles, and more will be found in this week’s Transaction Trends Weekly. Written by industry experts, get insights on payments like nowhere else… Let's dive in.
https://t.co/ssuyakjVxd

[Electronic Transactions Association (ETA) @ElecTranAssoc]

The Strategic Leadership Forum is the foremost conference to meet with your customers, colleagues, and peers for unparalleled networking opportunities & transformational conversations — but don't just take it from us.

Space is limited, reserve your seat: https://t.co/buU3OwgBI1

[Electronic Transactions Association (ETA) @ElecTranAssoc]

ETA’s PCI/Cybersecurity Committee hosted a discussion led by Tyler Peterson, Penetration Tester at Schellman Compliance, LLC and Senior Security Director at Kraken Digital Asset Exchange.

This dialogue highlighted phishing and countermeasures essential in defending against advanced cyber-attacks that threaten business communications, sensitive client data, or trade secrets.