In a blog post published yesterday, CFPB director Rohit Chopra suggests we now have a (somewhat) definitive timeline for implementation.
After avoiding section 1033 of Dodd-Frank for 12 years, in October the CFPB announced proposals for action. Plaid now offers their advice.
CFPB director Rohit Chopra was back in front of the senate banking committee Tuesday, where he brought his focus on fraud in the P2P payments space.
BNPL providers should consider the FTC's suggestion to "conduct a compliance check," including reviewing their policies and procedures.
With the fintech world gathering in Las Vegas this week for Money20/20 there was quite a lot of fintech news.