Michael Hotz

Michael Hotz

Ballard Spahr LLP

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CFPB issues new circular on deceptive practices in connection with marketing remittance transfers

The CFPB issued a new circular advising remittance transfer providers that false advertising about the cost or speed of sending remittance transfers can be considered a violation of the Consumer Financial Protection Act even...more

4/10/2024  /  Consumer Financial Products , Consumer Financial Protection Act (CFPA) , Consumer Financial Protection Bureau (CFPB) , Digital Wallets , Financial Services Industry , Financial Transactions , Money Transfer , Remittance Transfer Rule , Unfair or Deceptive Trade Practices
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