The CFPB has issued a final rule amending its remittance rule. The final rule is effective July 21, 2020....more
The CFPB has proposed several amendments to its remittance rule. Comments on the proposal must be filed no later than January 21, 2020. The proposed amendments are...more
The CFPB has published a notice and request for comments seeking information to inform its consideration of possible changes to its rule on remittance transfers. Comments are due by June 28, 2019. The RFI sets forth a series...more
When CFPB Director Cordray recently testified before Congress, he heard a great deal about the concerns small businesses have about the costs of complying with new CFPB rules. In a nod to those concerns, the final...more