Evan Minsberg

Evan Minsberg

Morrison & Foerster LLP

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CFPB Issues Proposal to Regulate Large Digital Wallet and Payment App Providers

On November 7, 2023, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule to supervise large providers of digital wallets and payment apps. Specifically, the proposed rule on Defining Larger Participants of...more

11/29/2023  /  Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Digital Wallets , FDIC , Financial Services Industry , Financial Stability Board , Gramm-Leach-Blilely Act , Money Transfer , Payment Systems
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