Mark Furletti

This discussion features Keith Barnett, host of the Payments Pros podcast, and Mark Furletti, a partner at Troutman Pepper Locke, who specializes in Consumer Financial Services. They explore the recent changes in regulatory guidance on earned-wage access (EWA) products, especially after the CFPB's withdrawal. The conversation highlights the history of EWA, the challenges posed by varying state laws, and the importance of compliance for fintechs. They also touch on the rising trend of litigation surrounding EWA, emphasizing the need for clarity in legal frameworks.

Experts Mark Furletti and Jason Cover discuss the CFPB's new interpretive rule on buy now, pay later transactions, its impact on BNPL providers, regulatory challenges, and potential effects on administrative interpretations. They provide critical insights for industry stakeholders navigating this regulatory shift.