Hawaii, Payments, Regional and Technology

Five Democratic Senators urge CFPB to revise remittance transfer rule

CFPB Monitor

OCTOBER 25, 2022

Brian Schatz (D-Hawaii), Jack Reed (D-R.I.), sent a letter to CFPB Director Rohit Chopra to request that the Remittance Rule be modified to require transfer providers to disclose the true cost of remittance payments so consumers can comparison shop. Senators Elizabeth Warren (D-Mass.),Dianne Dianne Feinstein (D-Calif.),

Comparison

Comparison Hawaii Regional Resources

Report: Address Verification APIs Fix eTailers’ Last-Mile Problem

PYMNTS

AUGUST 11, 2020

Distinguishing between legitimate and illegitimate customers is critical, and these companies, therefore, need to verify new users’ names, addresses and payment methods in shorter timeframes than ever to both attract new customers and keep fraudsters out. This will give them more time and flexibility, according to the FI.

Report

Report Guam Hawaii Security

Community Banking Brief

Five Democratic Senators urge CFPB to revise remittance transfer rule

Report: Address Verification APIs Fix eTailers’ Last-Mile Problem

Webinars

Stay Connected