The Consumer Financial Protection Bureau (CFPB) on Nov. 21, 2024, issued a final rule to supervise larger nonbank companies that offer "general-use digital consumer payment applications" such as digital wallets, payment apps...more
11/26/2024
/ Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Covered Person ,
Digital Wallets ,
E-Commerce ,
Effective Date ,
Final Rules ,
Market Participants ,
Mobile Apps ,
Mobile Payments ,
Multi-Factor Test ,
Nonbank Firms ,
Regulatory Authority ,
Supervision