Tag: #FinTechRegulations

Big Tech Faces New Rules on Payments and Digital Wallets

In a significant shift for the financial regulatory landscape, major technology firms are now compelled to adjust their operations as new rules targeting digital wallets and payment applications come into effect. The U.S. Consumer Financial Protection Bureau (CFPB) has established regulations that will impose stricter oversight on companies processing over 50 million payment transactions annually, […]

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