Noting that numerous compliance challenges remain, ABA today welcomed the Consumer Financial Protection Bureau’s proposal to delay the implementation of its final rule on prepaid products for six months.

The Consumer Financial Protection Bureau yesterday proposed extending the effective date of its final rule on covered prepaid accounts.

The Consumer Financial Protection Bureau today issued a small entity compliance guide for its final rule on prepaid accounts.

The Consumer Financial Protection Bureau today issued final rules on prepaid financial products, including prepaid cards and digital wallets that store and transfer funds.

Providing small financial incentives to save can lead to lasting savings habits, according to a study of American Express prepaid card users released today by the Consumer Financial Protection Bureau.

Payroll cards help local entities like county governments, school districts and city offices more efficiently manage payroll.

The Financial Crimes Enforcement Network today issued guidance on highlighting the regulatory expectations for nonbank sellers of prepaid cards.

The federal financial regulators, along with the Financial Crimes Enforcement Network, today issued guidance to depository institutions on how to apply customer identification programs to the prepaid cards they issue.

In a letter yesterday, ABA provided feedback on the consumer bank account section of the FDIC’s proposed small business lending survey.