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Prepaid’s Summer Of Uncertainty

PYMNTS

It’s as quiet as a hot summer night, as the prepaid industry awaits the final ruling from the CFPB. That sets up one of the biggest areas of contention from the standpoint of the prepaid card industry: the majority of users perceive and use prepaid cards no differently than a standard demand deposit account.

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Tune In To Payments Reality Check!

PYMNTS

He’d teach them about a variety of things going on in the world – science, math, archaeology, literature. Jack’s idea was to give those kids a “reality check” about the things he thought they needed to know so that they could do better in school. But, instead of Ryan Seacrest, you have me. Welcome to Payments Reality Check.

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How Equifax Might Be The Unlikely Savior Of The CFPB Arbitration Rule

PYMNTS

One week ago, the CFPB’s arbitration rule seemed more or less doomed to the scrap heap of financial regulatory history. The Comptroller of the Currency formally requested that the CFPB halt implementation of the rule while the OCC reviewed its effect on the banking industry. According to L.A.