CFPB Scraps Earned-Wage Access Co.'s 'Sandbox' Approval

By Jon Hill (June 30, 2022, 8:30 PM EDT) -- The Consumer Financial Protection Bureau on Thursday rescinded a Trump-era regulatory waiver approval for earned-wage access provider PayActiv Inc., granting what the agency said was a company request for termination amid changes to its fee structure and a brush with enforcement officials....

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