Defining GPR in Response to the Consumer Financial Protection Bureau’s Proposed Rulemaking on Prepaid

$1,500.00

The CFPB has asked the industry to define GPR, creating an inflection point for the industry as all regulations run the risk of unintended consequences and once the government creates a definition it rarely looks back. The problem is that prepaid cardholders find new uses for GPR cards faster than industry can recognize them!

Published on: July 23, 2012
Author: Tim Sloane
Alternate Point of Contact: Amy Dunckelmann

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