Examining the Implications of PayPal’s Lawsuit Against the CFPB: What Do the CFPB’s Final Prepaid Rules Mean for New and Future Products?

January 28, 2021 10:00am

Barry Hester
Counsel
Bryan Cave Leighton Paisner LLP

J.H. Jennifer Lee
Partner
Arent Fox LLP

  • Examining the full scope of compliance risks involved with linking prepaid cards to digital wallets
  • Analyzing the implications of the latest CFPB prepaid account rules on digital wallets, checkless checking and other potential future digital banking products
  • What are the potential far reaching implications of the PayPal lawsuit against the CFPB, and how could it change the face of prepaid in the future?
  • The future of prepaid vs. e-wallets: what is best for business, what is best for consumers and what is best for payments innovation?