The Consumer Financial Protection Bureau finalized changes Thursday to its prepaid rule by extending the effective date to April 2019, adjusting requirements for resolving errors on unregistered accounts and carving out an exception for credit card accounts linked with digital wallets.

Although the prepaid rule was finalized in 2016, acting CFPB Director Mick Mulvaney delayed it in December, after his predecessor, Richard Cordray, also delayed it. They both cited the need for adjustments after getting feedback from prepaid card issuers. The bureau had first sought input on the prepaid rule in 2012.

A major change is in the rule's error-resolution requirements and limited liability protections, which now will apply after a consumer's identity has been verified. A consumer's right to dispute charges and have stolen money restored because of a suspected theft or dispute now will be extended only after a consumer has registered their prepaid account.

Read more in Amercian Banker.