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Three Implications Card Issuers Must Consider Ahead of of CFPB Prepaid Changes

The Consumer Financial Protection Bureau (CFPB) four-year deliberation about prepaid came to a screeching halt on October 5, when they finally asserted new prepaid regulations. Not only did the CFPB deliver a wealth of regulatory changes to prepaid industry players, it also cracked down by making the new rules take effect on Oct. 1, 2017, less than 260 days away.

Read the full article in Paybefore.

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