CFPB Sets Location for Prepaid Hearing Thursday and Paybefore will Be There (Nov. 10, 2014)
The time, date and finally the location have been set for the CFPB’s field hearing on prepaid cards this week. The hearing is scheduled for 11 a.m. EST, Thursday, in the conference center at Delaware Technical Community College, 333 N. Shipley Street, Wilmington, Del. Paybefore CEO Marilyn Bochicchio will be in attendance to report on the hearing.
It is widely anticipated that this field hearing will include or immediately precede the issuance of the long-awaited Notice of Proposed Rulemaking for GPR cards. The NBPCA has been invited to testify at the hearing, which will feature remarks from CFPB Director Richard Cordray, as well as testimony from consumer groups, industry representatives and members of the public. This event is open to the public, but RSVP is required to attend in person. Click here to send an RSVP via email.
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