Technology ❯Digital Wallets ❯Payment Apps ❯Consumer Financial Protection Bureau (CFPB)

Regulatory Oversight

CFPB Proposes Regulatory Crackdown on Tech Giants Handling Consumer Transactions, Including Apple, Google, PayPal, and Venmo

Rule Proposal Could Cover 17 Firms Accounting for 88% Market Share; New Regulation Plan Triggers Tensions Between Tech and Banking Industries