Factors that determine whether funds on a consumer’s prepaid card are federally insured are detailed in a newsletter issued Tuesday by the Federal Deposit Insurance Corp. (FDIC). The September issue of the newsletter, FDIC Consumer News, […]
Simple messages designed to encourage customers to use prepaid cards to save at tax time increased the likelihood that they would do so, according to results of a study released Tuesday by the federal consumer […]
Prepaid account issuers get some help in using Collect, the federal consumer financial protection agency’s online channel for submitting account agreements by Wednesday, May 1, the deadline for making first submissions under new rules, according […]
Interagency examination procedures for changes in Truth in Lending Act (TILA, Regulation Z) and Electronic Funds Transfer Act (EFTA, Regulation E) requirements related to prepaid accounts, and that go into effect April 1, are addressed […]
Title: Technical Specifications for Submissions to the Prepaid Account Agreements Database Subject: Prepaids Agency: CFPB Status: Final rule Summary: Beginning on April 1, 2019, prepaid account issuers are required to submit their currently-offered prepaid account […]
Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z) Final rule (issued Jan. 25, 2018) modifying several aspects of the prepaid accounts rule and extending the overall […]
Prepaid account issuers can begin registering now on the consumer financial protection agency’s “streamlined” submission system as they prepare to submit their prepaid agreements to the agency under a rule set to take effect April […]
Revised interagency examination procedures for prepaid accounts are outlined in attachments to a letter issued Friday, in advance of new regulations affecting the accounts that are set to take effect April 1. The Financial Institution […]
The new director of the Consumer Financial Protection Bureau (CFPB) has issued her first semiannual report to Congress in which she describes the actions covered in the report – from April 1 to Sept. 30, […]
If you had a RushCard in October 2015 (and you don’t any longer) check your mail: the federal consumer protection bureau said Tuesday you were sent a check. The Consumer Financial Protection Bureau (CFPB) said […]
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