CFPB, Apple Pay

CFPB finalizes rule to oversee digital payment Giants Like Apple Pay
The CFPB’s new rule brings major digital payment apps like Apple Pay under federal supervision, addressing issues like fraud, privacy, and debanking to protect consumers.
Apple Pay Faces Stricter CFPB Regulations Under New Rule
The CFPB announced that digital payment platforms processing over 50 million transactions annually will face federal supervision 30 days after publication in the Federal Register. Apple Pay is a widely used U.
CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal
The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.
Apple Pay, Cash App, and other digital wallets will be regulated more like banks now
The new rule is meant to ensure digital payment providers adhere to the same laws as credit unions and large banks. It will give the CFPB the authority to oversee their compliance
Apple Pay to Be Treated Like a Bank With Federal Scrutiny in the U.S.
The Consumer Financial Protection Bureau (CFPB) has finalized a new rule that will bring Apple Pay and other major digital wallet services under
Apple Pay Under Fire, CFPB Puts Mobile Wallet Giant on Watchlist
Apple Pay faces CFPB regulation, bringing stricter oversight to mobile wallets as federal watchdogs aim to ensure fairness and consumer protections.
Apple Pay, other tech firms come under CFPB regulatory oversight
The top U.S. consumer watchdog will supervise Apple Inc. and other major technology firms that offer digital wallets and payment apps, finalizing a proposal from last year with several changes. The U.
Will new Apple Pay oversight make Apple Bank a good idea?
As regulation threatens to tear Google apart and fundamentally both damage both Android and Apple, yet another regulatory noose is tightening around Cupertino, as its Apple Pay service will in future be regulated like a bank.
US CFPB finalises rule to supervise big tech digital payments
Regulatory supervision will involve detailed scrutiny to ensure compliance with federal law, a process banks routinely undergo.
Apple Pay, Cash App, PayPal and other apps to be treated more like banks
Some digital services look like banks and act like banks, but aren’t banks -- meaning they can, for instance, close down your account without notice. Or
The Big Changes Coming To Elizabeth Warren’s CFPB And Fintech Regulation
With a new administration and GOP-controlled Congress, a wild swing in regulatory policy is coming to the Consumer Financial ...
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Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks
(RTTNews) - The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet ...
CFPB leaves crypto wallets out of ‘Larger Participant’ rule
The Consumer Financial Protection Bureau (CFPB), a United States financial regulator, has finalized its rules governing the ...