CFPB releases "Consumer Protection Principles" for faster payment systems

Scott M. Pearson and Kevin D. Leitão The CFPB has released a list of nine “Consumer Protection Principles” that are intended to express the CFPB’s “vision of consumer protection in new faster payments systems.”  The CFPB has previously shown support for  the development of faster payment systems.  In his November 2014 remarks to the Clearing House, Director Cordray suggested that sooner, rather... More >...(read more)

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