Episode 179 - Understanding US Payment Regulation with Jennifer Aguilar, Alston & Bird LLP
Payments on Fire™
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The CFPB's Focus on Consumer Protection
The two big regulations that we think of from the CFPB are going to be regulation, which governs all EFT services. And then regulating credit cards is again focused on making sure that consumers are provided. I'm good information about the cost of their credit card products,. Things like our interest rates and the fees that are going to apply. The last big one is just their general authority to investigate and kind of supervise the industry generally.
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