Professional Bio

Kathlyn L. Farrell to Speak at ACI's 11th National Forum on Prepaid Card Compliance

Date: Thursday, January 29, 2015
Time: 10:30 AM
Location: Mandarin Oriental, Washington, DC 
Topic: Preparing for the CFPB’s Heightened Scrutiny of the Prepaid Industry: Assessing the Shortand Long-Term Impact of the CFPB’s New Proposed Reg E Rulemaking, the CFPB’s Formal Acceptance of Consumer Complaints Relating to Prepaid Products, the Revised Remittance Transfer Rule, UDAAP Issues, and More

  • Potential issues arising from the CFPB’s proposed Reg E rulemaking
  • How program managers, issuers, and other prepaid participants view the potential impact, if any, that the new rule could have on their operations
  • What steps are program managers and issuers taking, or planning on taking, in order to ensure compliance with the new rule?
  • Best practices for managing consumer complaints lodged with the CFPB
  • Overcoming the hurdles raised for issuers and other prepaid participants
  • Avoiding becoming bogged down responding to these complaints
  • Bureau UDAAP initiatives as they relate to prepaid
  • Impact of the revised remittance transfer rule on prepaid products that are sent to foreign countries
  • CFPB scrutiny of rewards programs and what this means for prepaid card programs that have rewards tied to their products
  • More Information

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