The Fed Officially Jumps into Real-Time Payments
← Previous Article Next Article → Last week, we told readers that Federal Reserve (Fed) Chairman Jerome Powell was “seriously considering” a real-time payments system. A week later, the Fed officially announced that it would begin developing a...
Parties Request Continued “Stay” on Small-Dollar Rule
← Previous Article Next Article → On August 2, 2019, the defendants and plaintiffs in a lawsuit over the Consumer Financial Protection Bureau’s (CFPB) Small-Dollar Rule asked a Texas district court to continue its stay of the Rule, including both the...
CFPB Extends Open Comment Period for Debt Collection Rule
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) announced yesterday that it would extend the open comment period for its proposed Debt Collection Rule. Interested parties now have until September 18, 2019 to submit... 