All prepaid cards articles
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Blog
CFPB suggests changes to prepaid card rules
The CFPB is taking a fresh look at hardships for financial and consumer credit firms caused by a 2016 prepaid rule. The Bureau has also proposed updates to the rule.
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Blog
CFPB extends its reach to prepaid products
Joe Mont looks at new CFPB rules for prepaid financial products—including innovative online and mobile offerings from PayPal, Google, and Apple—that will require enhanced customer protections.
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Article
CFPB Proposes New Rules for Prepaid Cards, Mobile Payments
Banks, retailers, online services, and others that issue prepaid cards to consumers will soon have some new rules to follow, including the need to conduct “ability to repay” assessments if they offer credit options. The rules, proposed by the Consumer Financial Protection Bureau, could also bring new regulations to mobile ...