In the latest episode of Payments Pros, host Carlin McCrory welcomes Kim Phan to discuss the Consumer Financial Protection Bureau’s (CFPB) recent inquiries into enhancing privacy protections.
2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part Four
In the final installment of the four-part “Payments Year in Review” series, hosts Keith Barnett and Carlin McCrory discuss significant enforcement actions and regulatory trends. The discussion begins with the increased scrutiny from the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) on bank and nonbank partnerships, emphasizing sound risk management and compliance. Key themes include third-party risk management, board governance, Bank Secrecy Act/Anti-Money Laundering compliance, and liquidity risk. The episode also addresses the proposed FDIC deposit insurance record-keeping rule.
2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part Three
In the third installment of the four-part “Payments Year in Review” series, hosts Keith Barnett, Josh McBeain, and Carlin McCrory discuss the Federal Trade Commission’s (FTC) actions in 2024 and their expectations for 2025.
2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part Two
In the second installment of a four-part Payments Year in Review series, Keith Barnett and Josh McBeain discuss significant developments in the payments landscape from the Consumer Financial Protection Bureau (CFPB) in 2024 and expectations for 2025.
2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part One
In the first installment of a four-part Payments Year in Review series, Keith Barnett, Carlin McCrory, and Josh McBeain discuss significant developments in the payments landscape from the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) in 2024 and expectations for 2025.
Navigating Consumer Protection: The CFPB’s Expanding Reach
In the latest episode of Payments Pros, host Carlin McCrory welcomes Jesse Silverman to discuss the Consumer Financial Protection Bureau’s (CFPB) recent order asserting supervisory authority over Google Payment Corp.
Understanding the DFPI’s Proposed Rules: A Deep Dive Into California’s Digital Financial Assets Law
In this special crossover episode of the Payments Pros and Crypto Exchange podcasts, our hosts are joined by colleague Alexandra Steinberg Barrage to discuss California’s Department of Financial Protection and Innovation’s proposed rulemaking under the Digital Financial Assets Law (DFAL).
Navigating CFPB Enforcement: Key Takeaways From the Global Tel Link Consent Order
In the latest episode of Payments Pros, hosts Keith Barnett and Carlin McCrory discuss a significant Consumer Financial Protection Bureau (CFPB) enforcement action against Global Tel Link Corporation (GTL), issued on November 14. This action resulted in a consent order addressing chargebacks, alternate payment channel fees, and handling of inactive accounts.
AI in Payments: Practical Applications and Legal Insights
In the latest episode of Payments Pros, host Carlin McCrory is joined by Jason Cover to discuss the role of artificial intelligence (AI) in the payments industry. They define AI and generative AI, highlighting its capabilities in generating text, images, and other data. Jason outlines four key considerations for using AI: ensuring data quality, adhering to applicable laws, understanding AI operations, and maintaining human oversight.
Navigating Regulatory Waters: Recent Enforcement Actions in BaaS
In the latest episode of Payments Pros, hosts Carlin McCrory and Keith Barnett are joined by James Stevens to discuss recent enforcement actions in the banking as a service (BaaS) space. They delve into regulatory trends, consent orders, and future anticipated regulatory scrutiny.