US consumer watchdog proposes rules for Big Tech payments, digital wallets

By

Lack consumer safeguards.

US consumer watchdog proposes rules for Big Tech payments, digital wallets
The top US consumer financial watchdog has proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack consumer safeguards. The Consumer Financial Protection Bureau's (CFPB) proposal would subject ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Instagram fixes bug that triggered hours-long outage

Instagram fixes bug that triggered hours-long outage

Qantas app displays wrong flyer info to users

Qantas app displays wrong flyer info to users

X calls takedown orders over Sydney stabbing video "unlawful"

X calls takedown orders over Sydney stabbing video "unlawful"

Hearing to decide if X's 65 VPN-accessible tweets break law set for May

Hearing to decide if X's 65 VPN-accessible tweets break law set for May

Log In

  |  Forgot your password?