Cover Payment, Credential and Privacy

CFPB Proposes to Regulate Large Digital Wallet and Payment App Providers

Global Fintech & Digital Assets

DECEMBER 18, 2023

General Applicability The Proposal would only apply to “larger participants” of the payments market that provide over 5 million covered consumer payment transactions per year through a digital application for consumers’ general use in making consumer payment transactions.

CFPB

CFPB Regulations Consumer Financial Protection Bureau (CFPB) Non-Bank

PSD2 Is Coming To Europe And Bringing Big Changes

PYMNTS

JULY 26, 2017

There is debate surrounding whether screen scraping , a practice in which FinTechs use software to access bank accounts through a customer’s credentials, will be outlawed under the new regulation. What this PSD3 will cover, I don’t know,” he said. But, as Egner noted, the bill isn’t without controversy.

Regulations

Regulations Credential FinTech Security

Payments Space

CFPB Proposes to Regulate Large Digital Wallet and Payment App Providers

PSD2 Is Coming To Europe And Bringing Big Changes

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