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PAYPAL, INC. v. CONSUMER FINANCIAL PROTECTION BUREAU et al
Case Number:
1:19-cv-03700
Court:
Nature of Suit:
Administrative Procedure Act/Review or Appeal of Agency Decision
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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May 24, 2024
CFPB Will Ask DC Circ. To Rescue Rule Challenged By PayPal
The Consumer Financial Protection Bureau said Friday it will appeal a Washington, D.C., federal judge's recent decision that sided with payments giant PayPal in its lawsuit challenging the agency's extension of certain prepaid card regulations to digital wallets.
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March 29, 2024
PayPal Gets CFPB's Fee Disclosure Rule Cut Down Again
A Washington, D.C., federal judge on Friday again sided with payment-processing giant PayPal in striking down attempts by the Consumer Financial Protection Bureau to hold digital wallets to certain disclosure and waiting-period rules that apply to physical prepaid payment cards.
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May 30, 2023
PayPal Renews Challenge To CFPB Fee Disclosure Rule
PayPal Inc. has renewed its Washington, D.C., federal court challenge to an allegedly unlawful and unconstitutional Consumer Financial Protection Bureau rule requiring certain digital wallet providers to include fee disclosures similar to prepaid debit cards, while the bureau has launched a bid to keep in place what it claims is a reasonable regulation.
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January 04, 2021
PayPal Gets Win Against CFPB Prepaid Rule Provisions
A Washington, D.C., federal judge has sided with payment-processing giant PayPal in striking down attempts by the Consumer Financial Protection Bureau to hold digital wallets to certain disclosure and waiting-period rules that apply to physical prepaid payment cards.
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July 08, 2020
PayPal's Prepaid Rule Protest 'Distorts' Purpose, CFPB Says
The Consumer Financial Protection Bureau said that PayPal Inc. has distorted the reasons the agency adopted its prepaid card rule and its scope, as it seeks to end the online payments company's attempt to invalidate the rule.
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May 07, 2020
PayPal Looks For Win In Challenge To CFPB's Prepaid Rule
PayPal Inc. moved Wednesday to bring its D.C. federal court challenge to the Consumer Financial Protection Bureau's prepaid rule to a swift conclusion, stressing that the agency made a "fundamental category error" in subjecting digital wallets to the same standards as plastic payment cards carried in stores.
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April 13, 2020
CFPB Denies PayPal's Claim That Prepaid Rule Is Misleading
The Consumer Financial Protection Bureau responded Monday to a complaint filed by PayPal Inc. challenging a rule that treats digital wallets the same as prepaid debit cards, denying the fintech company's claim that the rule requires the publication of misleading information.
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December 12, 2019
PayPal Sues CFPB Over Recent Digital Wallet Rule Change
PayPal has opened fire on an eight-month-old rule from the Consumer Financial Protection Bureau that treats digital wallets the same as prepaid debit cards, saying it has led to customer confusion that the agency should have seen coming.