US consumer finance watchdog sued for treating digital wallets like banks
The new December ruling from the US Consumer Financial Protection Bureau impacts payment apps and digital wallets offered by large non-bank companies.
Auto Added by WPeMatico
The new December ruling from the US Consumer Financial Protection Bureau impacts payment apps and digital wallets offered by large non-bank companies.
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the “Larger Participants” rule.
