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💬 Apple Pay, PayPal, and the Gang time to play by the bank's rules

The CFPB is stepping in. So popular payment apps like Apple Pay, Cash App, and PayPal will soon face new bank-like rules to protect against fraud and ensure better data privacy. But don’t expect the crypto world to feel the same heat anytime soon.

🏃‍♀️ Ready for your payment app to act like a bank, or is that a bridge too far? Anyway we're wondering what this will even look like for users.

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💬 Apple Pay, PayPal, and the Gang time to play by the bank's rules

The CFPB is stepping in. So popular payment apps like Apple Pay, Cash App, and PayPal will soon face new bank-like rules to protect against fraud and ensure better data privacy. But don’t expect the crypto world to feel the same heat anytime soon.

🏃‍♀️ Ready for your payment app to act like a bank, or is that a bridge too far? Anyway we're wondering what this will even look like for users.

💬 Source

📌 Powered by V3V Ventures

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