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Title: Apple will now be treated like a bank, says US Consumer Financial Protection Bureau Post by: HCK on November 27, 2024, 04:05:11 pm Apple will now be treated like a bank, says US Consumer Financial Protection Bureau
<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2024/11/Apple-will-now-be-treated-like-a-bank-says-US-Consumer-Financial-Protection-Bureau.webp?w=1500)</div><p>The popularity of <a href="https://9to5mac.com/guides/apple-pay/" target="_blank" rel="noreferrer noopener">Apple Pay[/url] will now see the Cupertino company regulated by the US Consumer Financial Protection Bureau (CFPB), a watchdog whose role is normally limited to banks and financial services companies.</p> <p>The decision means that the bureau will have the power to monitor and regulate <a href="https://9to5mac.com/guides/aapl/" target="_blank" rel="noreferrer noopener">Apple’s[/url] policies and practices in regard to its mobile wallet services …</p> <a data-layer-pagetype="post" data-layer-postcategory="aapl,apple-pay" data-layer-viewtype="unknown" data-post-id="979355" href="https://9to5mac.com/2024/11/21/apple-will-now-be-treated-like-a-bank-says-us-consumer-financial-protection-bureau/#more-979355" class="more-link">more…[/url] Source: Apple will now be treated like a bank, says US Consumer Financial Protection Bureau (https://9to5mac.com/2024/11/21/apple-will-now-be-treated-like-a-bank-says-us-consumer-financial-protection-bureau/) |