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 ...
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 ...
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 ...
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 ...
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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 ...
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 ...
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 ...