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CFPB Encourages Financial Institutions to Provide Consumers with Greater Control over Payment Methods

USA - November 21 2017 Following the Equifax security breach, it was reported that the Consumer Financial Protection Bureau (CFPB) started to focus on cardholder transaction...

Obrea O. Poindexter.

Faster Payments Task Force Sets Goals and Recommendations for Faster Payments by 2020

USA - July 25 2017 On July 21, 2017 the Federal Reserve's Faster Payments Task Force ("Task Force") released the Faster Payments Task Force Final Report Part Two ("Final...

Calvin D. Funk, Obrea O. Poindexter.

Acting Comptroller Endorses Fintech Charters

USA - July 20 2017 In July 19, 2017 remarks prepared for delivery to the Exchequer Club in Washington, D.C., Acting Comptroller of the Currency Keith Noreika expressed...

Obrea O. Poindexter.

Financial Services Report - Summer 2017

USA - June 20 2017 It’s been a blockbuster few months for financial services as well: not one, but two Supreme Court rulings, with the Supreme Court finding in one case...

Sarah Nicole Davis, Natalie A. Fleming Nolen, Trevor R. Salter, Crystal Kaldjob, Nancy R. Thomas, Angela E. Kleine, Nathan Taylor, Jessica Kaufman, Adam J. Fleisher.

CFPB Proposes Changes to Prepaid Accounts Rule

USA - June 19 2017 On June 15, 2017, the Consumer Financial Protection Bureau ("CFPB") released proposed revisions to its final Prepaid Accounts Rule ("Final Rule")...

Calvin D. Funk, Obrea O. Poindexter.