Member Login
|
Become a Member
Podcast
Events & News
Calendar
Newsroom
Member Directory
Membership
Member List
Membership Application
Member Login
Member Library
FCTF
GRWG
Government Update
Safe Shopping
State Legislative Tracker
Financial Crimes Investigators
Prepaid Glossary
Advocacy
CFPB
Covid-19 Response
Durbin Amendment
FDIC & OCC
Payroll Cards
Prepaid Rule Litigation
Unclaimed Property
About Us
Our Team
Board of Directors
Sponsorship
Contact
Media Inquiry
IPC 2023
Agenda
FAQ
Hotel & Travel
Sponsorship Opportunities
2023 Maher Award
Blog
Podcast
Events & News
Calendar
Newsroom
Member Directory
Membership
Member List
Membership Application
Member Login
Member Library
FCTF
GRWG
Government Update
Safe Shopping
State Legislative Tracker
Financial Crimes Investigators
Prepaid Glossary
Advocacy
CFPB
Covid-19 Response
Durbin Amendment
FDIC & OCC
Payroll Cards
Prepaid Rule Litigation
Unclaimed Property
About Us
Our Team
Board of Directors
Sponsorship
Contact
Media Inquiry
IPC 2023
Agenda
FAQ
Hotel & Travel
Sponsorship Opportunities
2023 Maher Award
Blog
GPR Cards for Taxpayer Distributions Letters
File Size:
169 kb
File Type:
pdf
Download File
Joint Trades EIP Letter To Secretary Mnuchin
File Size:
310 kb
File Type:
pdf
Download File
LKM Letter to Deputy Assistant Secretary Nunnally
File Size:
167 kb
File Type:
pdf
Download File
Letter to Treasury and the IRS on Rebate Payment Methods
File Size:
308 kb
File Type:
pdf
Download File
Lebryk - CARES Act Payments & Lessons Learned
File Size:
646 kb
File Type:
pdf
Download File
Meeks - Tipton Coronavirus Stimulus Payments Unbanked
File Size:
132 kb
File Type:
pdf
Download File
Jones Cotton to Sec Mnuchin: Stimulus Checks on Debit Cards Signed
File Size:
465 kb
File Type:
pdf
Download File
IPA Letter to Sec. Mnuchin on Future Stimulus Payments
File Size:
50 kb
File Type:
docx
Download File
IPA-ATPC Letter to IRS & Treasury on Future Stimulus Payments
File Size:
136 kb
File Type:
pdf
Download File
Dec. 21, 2020 Stimulus Bill
File Size:
9057 kb
File Type:
pdf
Download File
CFPB Actions
In response to COVID-19 the CFPB has taken some steps to try to reduce the compliance burden on prepaid issuers. Accordingly, the CFPB has taken the following measures at the request of the IPA:
Disclosures: The CFPB will not take any enforcement action for failure to update fees and related information regarding disclosures (see
Submission of prepaid account agreements and related information required by Regulation E, 12 CFR 1005.19(b).
Government Benefits: “if certain conditions are met, certain pandemic-relief (COVID-19) payments are not “government benefits” for purposes of Regulation E and thus these payments are not subject to the compulsory use prohibition in EFTA and Regulation E.” (See CFPB Interpretive Rule:
Treatment of Pandemic Relief Payments Under Regulation E and Application of the Compulsory Use Prohibition
)