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Financial Institutions Rewards Programs Financial Services Industry

Hudson Cook, LLP

CFPB Bites of the Month - May 2024 - CFPB: Light My Way, Virginia May

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In this month's article, we share some of our top "bites" covered during the May 2024 webinar....more

Ballard Spahr LLP

CFPB and DoT host joint hearing on airline and credit card rewards programs; CFPB releases report on credit card rewards...

Ballard Spahr LLP on

On May 9, 2024, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Transportation (DoT) held a 98-minute joint hearing on airline and credit card rewards programs.  CFPB Deputy Director Zixta Martinez...more

Troutman Pepper

CFPB Fixes Spotlight on Credit Card Rewards Programs

Troutman Pepper on

This week, the Consumer Financial Protection Bureau (CFPB or Bureau) published an Issue Spotlight focusing on consumer complaints relating to credit card rewards programs. The report notes that credit card companies often...more

Ballard Spahr LLP

CFPB and DOT Hosting Joint Hearing on Credit Card and Airline Rewards Programs

Ballard Spahr LLP on

In furtherance of the Biden Administration’s “junk fee” agenda, on Thursday, May 9, 2024, the Consumer Financial Protection Bureau and the U.S. Department of Transportation will host a hearing on airline and credit card...more

Blake, Cassels & Graydon LLP

Ban Proposed on the Expiry of Rewards Points in Ontario

On October 20, 2016, an Ontario member of provincial parliament introduced Bill 47, Protecting Rewards Points Act (Consumer Protection Amendment), 2016 (Bill). The Bill’s purpose is primarily to prohibit the expiry of rewards...more

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