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CFPB Boosts Protections On Prepaid Cards, Mobile Wallets

By Evan Weinberger ( October 5, 2016, 12:02 AM EDT) -- The Consumer Financial Protection Bureau on Wednesday released final rules that for the first time would force prepaid card providers, mobile wallet firms and other similar companies to limit consumers' losses on unauthorized transactions and provide credit card-like protections and strict disclosures of fees and other features....

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