The Consumer Finance Protection Bureau (CFPB) proposed to hold big tech accountable to the same regulations that banks are, in a filing Tuesday. If Apple and PayPal offer financial services similar to banks like savings accounts, credit cards, and payments, the CFPB wants to regulate them like it does the banks.
The Consumer Finance Protection Bureau (CFPB) proposed to hold big tech accountable to the same regulations that banks are, in a filing Tuesday. If Apple and PayPal offer financial services similar to banks like savings accounts, credit cards, and payments, the CFPB wants to regulate them like it does the banks.Read more… Read More apple, paypal, business finance, electronic funds transfer, apple finance llc, iphone, venmo, goldman sachs, technology internet, apple inc, ebay, rohit chopra, gizmodo, mobile payments, consumer financial protection bureau Gizmodo