CFPB Finalizes New Rules, Disclosures on Prepaid Products
The Consumer Financial Protection Bureau today issued final rules on prepaid financial products, including prepaid cards and digital wallets that ...
Tag: Prepaid cards
CFPB, AmEx Study Finds Savings Incentives Effective
Providing small financial incentives to save can lead to lasting savings habits, according to a study of American Express prepaid ...
Payroll Services Pay Off for Local Governments
Payroll cards help local entities like county governments, school districts and city offices more efficiently manage payroll.
FinCEN Issues Prepaid Card FAQs
The Financial Crimes Enforcement Network today issued guidance on highlighting the regulatory expectations for nonbank sellers of prepaid cards.
Regulators Issue Guidance on CIP for Prepaid Cards
The federal financial regulators, along with the Financial Crimes Enforcement Network, today issued guidance to depository institutions on how to ...
ABA Offers Feedback on FDIC’s Small Business Lending Survey
In a letter yesterday, ABA provided feedback on the consumer bank account section of the FDIC’s proposed small business lending ...
CFPB Updates Rulemaking Agenda for 2015-16
The Consumer Financial Protection Bureau today updated its rulemaking agenda for the remainder of 2015 and into 2016.
Large Banks Adopt New Standards for Low-Cost Accounts
The four largest nationwide banks -- JPMorgan Chase, Bank of America, Citigroup and Wells Fargo -- have implemented or agreed ...
Boston Fed: Prepaid Cards Could Be Savings Vehicle
General-purpose reloadable prepaid cards are emerging as a savings vehicle for low-income individuals, according to a new article from the ...
