Payment Law Advisor Legal Commentary and Resources for the Payment Industry

The CFPB’s Prepaid Proposal: Reg E, Reg Z, and Overdrafts

Posted in Regulatory and Compliance

CFPB SlideOn Feb. 19, DWT payments team member Andy Lorentz gave a presentation to the Financial Services Roundtable Consumer Working Group that covered a number of key topics related to the CFPB’s prepaid proposal. An overview of the presentation includes:

  • Highlights of the Prepaid Proposal
  • Regulation Z and Prepaid Accounts
  • Implications for deposit account overdrafts

To view the full presentation materials, click here.