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The U.S. Consumer Financial Protection Bureau (CFPB) dropped a bombshell on November 21, announcing that big tech payment apps and digital wallets—like Apple Pay, Google Wallet, Venmo, and PayPal—will now face the same regulatory scrutiny as major ba...

The Consumer Financial Protection Bureau (CFPB) has officially rolled out a new rule to oversee major tech companies offering digital payment apps, solidifying a proposal first introduced in November 2023. This regulation, which includes “several sig...
