10min chapter

Payments Pros – The Payments Law Podcast cover image

CFPB's Larger Participant Rule for Consumer Payments

Payments Pros – The Payments Law Podcast

CHAPTER

CFPB's New Consumer Payments Rule

This chapter examines the CFPB's announcement of a larger participant rule for consumer payments, detailing its implications for the payments industry and consumer protections. The discussion highlights the Bureau's proactive measures to oversee technology companies, the rise in payment complaints, and proposed changes in regulations aimed at enhancing consumer safeguards against fraud.

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