CFPB Wants Regulation Compliance Cost Info

What's Next In Payments®
3:05 PM EDT March 26th, 2013

The Consumer Financial Protection Bureau has issued a blog post outlining their plan for gathering information on compliance costs. 

The CFPB is using its Research, Markets and Regulations team to “study the costs related to rules we inherited from other agencies,” the post reads. The CFPB says it wants to speak with banks across the country about deposit product services such as checking accounts and debit cards.

Read the full story here.

Also by This Author
What's Hot
Loyalty & Rewards
Capital One’s App Will Work With Apple Pay
Alibaba And Tencent Duke It Out Over Financial Services
Q3 2014 Strongest IPO Market In Years (With Or Without Alibaba)
Alternative Financial Services
Turns Out That Payday-Loan Customers Are Pretty Savvy Borrowers
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
What Pumps the “Heart of Mobility” in Payments
The Art Of Raising Money
Company Spotlight
Advice To PayPal: Don’t Forget Main Street
B2B Payments
Declines In Construction Spending Could Slow Overall U.S. Economic Growth
View All Articles ››