Wednesday, 8 November, 2023

US Consumer Watchdog Proposes Rules for Big Tech Payments and Digital Wallets

The US Consumer Financial Protection Bureau has unveiled proposed rules for regulating payments and digital wallet services offered by major tech companies. These proposed regulations aim to enhance consumer protection and transparency in the fast-growing digital payments landscape, ensuring fair and secure financial services. The rules may impact major tech giants and foster a safer and more regulated environment for digital transactions and payment technologies.