– Reuters
A U.S. appeals court has revived a U.S. Consumer Financial Protection Bureau rule governing how providers of digital wallets disclose commonly used fees to prepaid customers.
The U.S. Court of Appeals for the D.C. Circuit rejected an argument by PayPalPYPL.O Inc, one of the largest digital wallet providers, that the CFPB overstepped its authority by making fee disclosures mandatory, not optional.
