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10:45 - 11:30 David L. BeamJohn Hagy

 

Establishing Flexible Strategies to Succeed Despite Regulatory Uncertainty

 

Stephen Middlebrook
Of Counsel, Womble Carlyle

David L. Beam
Partner, Mayer Brown

Glen C. Fossella
Chief Operating Officer, Urban FT

John Hagy
SVP, Chief Policy Officer, MetaBank

 

Session Description

With the extension of the CFPB’s Final Rule on Prepaid Cards now extended to April 1 of next year, the industry has more time to ensure they are compliant.  As the CFPB continues to reassess concerns from prepaid participants, the industry faces a longer period of uncertainty.  Market participants must find a way to move forward with product and strategy development while making sure that they’re able to comply with the ruling come 2018.  This panel explores strategies for incorporating flexibility into your 2018 planning and what might lie ahead for the prepaid industry.

 


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