Banking and Finance

Recent Posts

CFPB Gathers Comments in Advance of Potential Regulation of General Use Prepaid Reloadable Cards
Posted on 30 Nov 2012 by Erik Gerding

Excerpt: The Consumer Financial Protection Bureau has begun the process of issuing new rules to govern the booming, multi-billion dollar market in certain reloadable debit cards. On May 24, 2012, the Bureau issued an Advanced Notice of Proposed... Read More

CFPB Proposes New Rules Regulating Prepaid Cards
Posted on 21 Nov 2014 by Dykema

by Elisa J. Lintemuth The Consumer Financial Protection Bureau has proposed new rules to amend Regulation E (Electronic Fund Transfer Act) and Regulation Z (Truth in Lending Act) to create protections for consumers using prepaid cards. These proposed... Read More

CFPB Issues New Proposed Rules for Prepaid Debit Cards
Posted on 19 Nov 2014 by Troutman Sanders

by H. Scott Kelly and Michael E. Lacy On November 13, the Consumer Financial Protection Bureau unveiled a comprehensive slate of consumer protections for prepaid debit cards that could increase the customer base for the financial product. The proposed... Read More