Payments Compliance
Building on the Success of the Past – The CFPB’s PWA Compliance Report
Topics: Payments Compliance
Pursuant to the Plain Writing Act of 2010 (PWA), members of the federal executive branch (“executive agencies”) are required to use plain language in documents that: Are necessary for obtaining…
Is a Registration System for Non-Banks Overseen by the CFPB Imminent?
Topics: Payments Compliance
Earlier this year, the Consumer Finance Protection Bureau (CFPB) published a request for information (RFI) for vendors in order to better understand capabilities and strategies as it considers proposing a…
PCI-SSC: “Small Businesses Suffer From Big Cybercrime”
Topics: Payments Compliance
The Payment Card Industry Standards Security Council (“PCI-SSC”) has promulgated a series of payment protection resources for small businesses (<250 employees) to help them avoid becoming victims of cyber attacks….
CFPB Proposes Controls on Third-Party Debt Collection Practices
Topics: Payments Compliance
Debt collection is big business. In the United States, the annual amount of debt collection, not including debt owed to the federal government, exceeds $13 billion dollars. Across the country,…
