At the 2016
Digital Payments Intensive in London, DWT Emerging Payments and Prepaid team
leader Andy Lorentz offered attendees insight into some major recent and
upcoming developments with respect to regulation of consumer financial services
activities in the United States this year. Such developments include
everything from pending rules on prepaid accounts, payday and installment
loans, and banning pre-dispute arbitration to a discussion of the CFPB’s and
OCC’s focus on innovation in the financial services space.
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