Could this be a case of good intentions gone awry? Time will tell.
According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong.
PYMNTS recently caught up with Fauss as he and his team were working their way through the more than 1,700 pages of the recently released regulations.