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Consumer Financial Protection Bureau (CFPB) Director Richard Cordray announced on Wednesday that the CFPB will seek public comment on general purpose reloadable (“GPR”) prepaid cards in advance of a ...
The Consumer Financial Protection Bureau filed a complaint Friday against Comerica Bank, accusing the regional bank of failing to administer a federal benefits program that uses prepaid debit cards.
Comerica Bank is suing the Consumer Financial Protection Bureau, alleging that a bureau investigation into the Dallas-based company's administration of a federal prepaid card program is unlawful. In a ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
On October 5, 2016, the Consumer Financial Protection Bureau (the Bureau or CFPB) issued its final rule to extend certain federal consumer protections to the prepaid market. 1 As previously reported, ...
Note from the Publisher: Listen, fintech is an EXTEMELY wide category, and it's impossible to be an expert in it all. We know that and that's why we write in a general, easy to digest format, so you ...
The Consumer Financial Protection Bureau warned financial services companies Tuesday about a longstanding prohibition on using prepaid debit cards as the sole method for distributing government ...
The Consumer Financial Protection Bureau has launched a new database revealing the terms and conditions on prepaid cards and payroll cards that can sometimes hit users with high fees. But people ...
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