Five revisions to its rule on pre-paid accounts — including extending the overall effective date to April 1, 2019, and providing that financial institutions will not be required to resolve errors or limit consumers’ liability […]
A rule affecting prepaid cards and accounts has been extended by one year (to April 2019), reflecting comments that those affected “need more time” to put the rule to work – especially card issuers who […]
Changes are coming next month to the final rule on prepaid accounts – in the meantime, the effective date of the rule will be extended, the Consumer Financial Protection Bureau (CFPB) said Thursday. In a short […]
Surveys about usage of pre-paid card usage would be continued under a proposal by the Federal Reserve, to be published Thursday. Under the proposal, both the mandatory and voluntary versions of the “Government-Administered, General-Use Prepaid […]
Amendments to Rules Concerning Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) Federal Register summary: The Bureau of Consumer Financial Protection (Bureau or CFPB) is proposing […]
Comments on a delayed effective date (to April 1, 2018) for a CFPB rule on prepaid accounts will be due April 5, as a result of a notice to be filed tomorrow in the Federal […]
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