Remove Cyber Security Remove Millennials Remove Regulation Remove Security
article thumbnail

Prepaid’s Summer Of Uncertainty

PYMNTS

That puts these products under the rubric of Regulation Z, which Fauss says was never meant to handle deposit accounts. Regulation Z governs credit products, forcing full credit underwriting when credit is extended. And for some consumers, especially millennials, that’s just not their choice.”

Cards 100
article thumbnail

The 2015 GonzoBanker Awards

Gonzobanker

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. Millennials. Demo Quote.