The CFPB’s Final Prepaid Account Rule

On October 13, the DWT Payments team briefed the Consumer Working Group of the Financial Services Roundtable (FSR) on the CFPB’s final prepaid account rule. The presentation focused on the following topics:

• Scope of the Rule
• Pre-Acquisition Disclosures
• Periodic Statements - and Alternatives
• Error Resolution
• Regulation Z Overdraft
• Effective Date

To view the presentation materials, click here.