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.
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.
As the Trump Administration Looms, the CFPB Issues a Rule for Payments Apps
Federal regulation is coming to payments apps offered by the country’s biggest tech companies. The Consumer Financial Protection Bureau said early Thursday it has “finalized” a rule that will regulate wallets and digital money transfers offered through payments services such as those of Apple Inc., Block Inc., Google Inc., and PayPal Inc.
CFPB expands oversight of digital payments services: Here's what you need to know
Rohit Chopra, Director of the Consumer Financial Protection Bureau, joins CNBC's 'Squawk Box' to discuss expanding digital pay oversight, the push to cap credit card interest rates, and more. Abbott issues executive order to arrest CCP operatives in Texas ...
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.
CFPB Will Treat Payment Apps Like Banks
The government's banking watchdog plans to keep a closer eye on payment apps like Venmo and PayPal from now on.
New CFPB Larger Participant Rule Boosts Oversight of Major Digital Payment Providers
On November 21, the CFPB announced the arrival of its finalized larger participant rule (the “Rule”) regulating nonbank companies offering digital funds transfer and payment wallet applications to consumers.
Apple Pay, Other Tech Firms Come Under CFPB Oversight
The top US 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.
ConsumerAffairs5h
Banks have long knives out for consumer watchdog CFPB
The Consumer Financial Protection Bureau (CFPB) was founded after the financial crisis of 2008 to rein in banks and other ...
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 ...
American Banker6d
How CFPB is cracking down on banks before Trump takes office
Enforcement actions from the Consumer Financial Protection Bureau still fresh in the mind of financial leaders have renewed ...
Top federal watchdog announces new oversight of tech giants
The Consumer Financial Protection Bureau could soon closely monitor payment systems run by Google, Apple and Venmo.
The Problems With The CFPB’s New Open Banking Rule
A new rule from the CFPB aims to empower consumers by granting them control over their financial data. But that assumes we have the ability to do that. Bad assumption.
American Banker3d
CFPB's Chopra: AI can be the key to fairer credit scoring
Consumer Financial Protection Bureau Director Rohit Chopra said the FICO credit-scoring model has drawbacks in price, ...
Student loan servicers are pulling incorrect payments from borrowers' bank accounts
“Unfortunately, autopay errors were one of the most widespread, basic and consequential servicer errors we saw this year,” ...