Regulations Reg-rage 
Gonzobanker
DECEMBER 19, 2022
As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. Goes to 2022.
PYMNTS
FEBRUARY 21, 2017
The CFPB was a few weeks away from releasing new draft regulations, and the money was on regs that would by and large neuter the industry. And if one were to ask their Magic 8-Ball about the fate of those payday lending regs, the answer one would most likely get at this point is “Ask again later.”. The Uncertainty Challenge.
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