Event JSON
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"https://www.theverge.com/2024/11/21/24302322/apple-pay-cash-app-paypal-regulated-banks-cfpb"
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"Apple Pay, Cash App, and other digital wallets will be regulated more like banks now"
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"The CFPB has issued a final rule to regulate digital payment providers, including Apple Pay, Google Wallet, PayPal, and others, to ensure they comply with federal laws surrounding privacy, fraud, and other rules. This follows the CFPB's initial proposal last year, which would've covered a wider range of transactions. The new rule will give the CFPB the authority to conduct proactive examinations to ensure compliance."
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