CFPB will supervise tech companies offering digital wallets, including Apple Pay, by treating them like banks as long as they handle 50M+ transactions per year (Paige Smith/Bloomberg)

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Paige Smith / Bloomberg:
CFPB will supervise tech companies offering digital wallets, including Apple Pay, by treating them like banks as long as they handle 50M+ transactions per year  —  The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …

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3. CFPB will supervise tech companies offering digital wallets, including Apple Pay, by treating them like banks as long as they handle 50M+ transactions per year (Paige Smith/Bloomberg)