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CFPB Will Treat Payment Apps Like Banks - Investopedia

Retrieved on: 2024-11-21 18:35:11

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Summary

The article discusses the Consumer Financial Protection Bureau's new rule allowing it to supervise fintech payment companies like PayPal and Venmo. This aligns with the key concept 'Fintech', highlighting increased scrutiny of electronic funds transfer services. Tags reflect involved entities and regulatory focus areas.

Article found on: www.investopedia.com

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