Thursday, December 4, 2014


The CFPB has released its long-awaited proposed prepaid card rule – and now it is time for the industry to prepare its response.  Given the comment period timeframe, ACI’s 11th National Forum on Prepaid Card Compliance (January 29-30 at the Mandarin Oriental in Washington, DC) will be held just weeks before the comment period closes -- that is why this will be the event that shapes the industry’s response to the CFPB’s proposed rule.
Your colleagues will be talking about this conference for months to come.  Register today for the nation’s premier conference on prepaid card compliance and make sure that you are not left out of the conversation.    
And the new proposed rule is just part of the story. Our unparalleled faculty of key regulatory and enforcement officials, senior in-house counsel and compliance professionals, and expert outside counsel will provide attendees with best practices and critical insights for the most pressing legal and compliance issues facing the prepaid industry, including:
  • Assessing the short- and long-term impact of the CFPB’s new proposed rule, the CFPB’s formal acceptance of consumer complaints relating to prepaid products, the revised remittance transfer rule, UDAAP issues, and more
  • Best practices and proven strategies for complying with the federal regulatory and enforcement paradigm beyond the CFPB, including customer identification and due diligence requirements,cross-border issues, prepaid access, and Reg II/Durbin
  • Ensuring compliance with and preparing for new and emerging state regulatory and enforcement initiatives, including money transmitter licensing, escheat/unclaimed property issues, and more
  • The interplay amongst prepaid cards, new technologies, and emerging payment systems, including mobile wallets, virtual currencies, and EMV cards
  • Managing third party risks in the prepaid industry: best practices for maintaining oversight and ensuring compliance in an evolving regulatory and enforcement landscape
  • BSA-related consent orders and the prepaid industry: developing, implementing, and maintaining rigorous AML compliance programs
  • Added functionality: regulatory issues associated with credit, overdraft, deposit advance, and remote deposit capture features tied to prepaid cards

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