CFPB expands oversight of digital payments services

CFPB finalizes rule on defining larger market fintech participants
On November 21, the CFPB issued its final rule defining larger participants in the digital consumer payment applications market. The rule does
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: 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.
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.
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 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.
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CFPB Finalizes New Federal Supervision of Certain Providers of Digital Wallets, Payment Apps
The Consumer Financial Protection Bureau (CFPB) on Nov. 21, 2024, issued a final rule to supervise larger nonbank companies that offer ...
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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 ...
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CFPB Finalizes Rule on Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”
The final rule brings supervision to “Big Tech” and other widely used digital payment apps The Consumer Financial Protection ...
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CFPB examines carveouts in state data privacy laws for financial institutions
The Consumer Financial Protection Bureau recently released a report examining federal and state-level privacy protections for ...
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.
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.