The CFPB’s new rule brings major digital payment apps like Apple Pay under federal supervision, addressing issues like fraud, ...

The CFPB announced that digital payment platforms processing over 50 million transactions annually will face federal ...

The Consumer Financial Protection Bureau (CFPB) finalized a rule to supervise the largest payment apps. Here's why this rule ...

The rule is a refined version of a proposal first introduced in November 2023. The two notable changes include increasing the ...

Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps, such as Apple Pay.

Apple’s financial services will soon be regulated by US officials in the same way as banks and other financial institutions, ...

"Digital payments have gone from novelty to necessity and our oversight must reflect this reality," CFPB Director Rohit Chopra said in the statement. More consumers are turning to digital wallets and ...