> Banks [...] will face meaningful consequences for getting this wrong with any regularity
That's false, unfortunately. There's amazing levels of discretion that banks enjoy and minimal accountability to end users. The CFPB (in the USA, anyway) was a countermeasure but has been recently weakened.
That's false, unfortunately. There's amazing levels of discretion that banks enjoy and minimal accountability to end users. The CFPB (in the USA, anyway) was a countermeasure but has been recently weakened.