Topic
Digital Wallet
26 published works
Bright Law Blog
Mobile payment and digital wallet financial services
The Parliamentary Joint Committee on Corporations and Financial Services has begun an inquiry into Mobile payment and digital wallet financial services. The inquiry will focus on: the nature of commercial…
Regulatory Oversight
CFPB Investigating Venmo’s Funds Transfer and Debt Collection Policies
By Nick Ramos, Troy Jenkins, Keith J. Barnett, Timothy Butler, Matthew White, David N. Anthony
In a recently filed Form 10-K, PayPal Holdings, Inc. (PayPal) announced that it received a Civil Investigative Demand (CID) from the Consumer Financial Protection Bureau (CFPB) on January 21 “related…
Regulatory Oversight
U.S. District Court Invalidates Two Provisions of the CFPB’s Prepaid Rule: The Disclosure Clauses and the Thirty-Day Credit Linking Restriction
By Ethan G. Ostroff, Elizabeth Andrews, Vincent Shin
On December 30, 2020, Judge Richard J. Leon on the United States District Court for the District of Columbia entered an Order in PayPal, Inc. v. Consumer Financial Protection Bureau,…
Consumer Financial Services Watch
Potential Major Change for U.S. Prepaid Products: PayPal vs CFPB Court Vacates Two Significant Restrictions in CFPB’s Prepaid Account Rule
By Judith Rinearson, Andrew C. Glass, Gregory N. Blase, and Hollee M. Boudreau On 30 December 2020, the United States District Court for the District of Columbia entered an order…
MoFo ReEnforcement: The Enforcement Blog
Webinar: Digital Wallets, Mobile Payments and the CFPB’s Prepaid Proposal
Wednesday, July 15, 2015 12:00 p.m. – 1:00 p.m. EDT West LegalEdcenter Webinar On December 23, 2014, the CFPB published its long-awaited proposal to regulate prepaid cards (the “Proposed Rule”).…
Cov Africa
The Electronic Wallet System: How Nigeria Is Dialing Into Its Agricultural Sector
One of the most effective and innovative uses of mobile technology in recent years has been in the delivery of government services. Yesterday, during the Corporate Council on Africa’s “Leading…