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FTC official will talk payment regulation, trends at Washington summit

The Federal Trade Commission has staked out a leadership role in potential regulation of the mobile payments landscape. And in a keynote address at the first ATM & Mobile Executive Summit, Malini Mithal, assistant director, Bureau of Consumer Protection at the FTC, will discuss the findings of the 2013 FTC Report "Paper, Plastic, or Mobile."

The event is set for Sept. 25-26 at the Madison Hotel in Washington, D.C.

In her role at FTC, Mithal is responsible for enforcement actions and regulatory policy-making over a broad range of consumer protection issues related to payment systems and financial services. This portfolio includes current and emerging practices such as mobile cramming, unauthorized billing and deceptive lending and collection.

The report, "Paper, Plastic, or Mobile," demonstrates a strong concern for privacy issues in a mobile environment. Businesses receiving particular FTC scrutiny include payment card networks, hardware manufacturers and systems and applications developers.

The keynote session will be a fitting start to the conference, according to a news release, as attendees will get an insider's look at where the FTC might seek to regulate and how such regulation might affect business cases in this rapidly growing and dynamic marketplace.

Registration is now open. For more information, click here.