Final CFPB rule expands oversight of big tech’s payments ambitions
The finalized rule, issued this week, will essentially treat the tech firms — with digital offerings such as Google Pay, Apple Wallet,...
News by FinTech Collective
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FBI seizes Polymarket CEO’s phone, electronics
FBI agents raided the Manhattan apartment of Polymarket CEO Shayne Coplan early Wednesday — just a week after the election betting...
Florida accidentally banned banks from doing business in sunshine state
Florida wanted to make it easier to invest in the state’s booming economy. For several weeks, the government accidentally made it illegal...
New York probing legality of Capital One-Discover merger
The all-stock merger, announced in February, would create the largest U.S. credit card issuer with more than $250b of outstanding loans,...
Consumer finance watchdog finalizes ‘Open Banking’ rules aimed at driving competition
The new rules will allow customers to transfer their bank data to another bank or allow third-party apps to access it without...
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