CFPB Ends Special Regulatory Treatment for Payactiv
The Consumer Financial Protection Bureau (CFPB) has ended financial services provider Payactiv’s Sandbox Approval Order for its earned wage access products. The bureau said Thursday (June 30) it had given the company special regulatory treatment, which deals with its liabilities under federal law, but rescinded that earlier order at Payactiv’s request, as the company prepares […]
