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CFPB issues final rule to give bureau supervisory power over digital consumer payment applications

Ballard Spahr LLP on 12/6/2024

The CFPB has issued a final rule to supervise large nonbank financial services providers that offer general-use digital consumer payment applications such as digital wallets and peer-to-peer payment apps....more

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CFPB issues final rule to give bureau supervisory power over digital consumer payment applications

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