Get the latest tech news

Apple Pay to Be Treated Like a Bank With Federal Scrutiny in the U.S.


The Consumer Financial Protection Bureau (CFPB) has finalized a new rule that will bring Apple Pay and other major digital wallet services under the...

The new rule will grant the CFPB powers to proactively examine ‌Apple Pay‌'s compliance with federal consumer financial laws, including privacy protection, fraud prevention, and account stability. In a research note this week, outlining key takeaways from the trip, the analysts said they have "confirmed" that a fourth-generation iPhone SE with an Apple-designed 5G modem is slated to launch towards the end of the first quarter next year. In a research note with Hong Kong-based investment bank Haitong today, obtained by MacRumors, Apple analyst Jeff Pu said he agrees with a recent rumor claiming that the so-called "iPhone 17 Air" will be around 6mm thick.

Get the Android app

Or read this on Mac Rumors

Read more on:

Photo of Apple Pay

Apple Pay

Photo of bank

bank

Photo of u.s.

u.s.

Related news:

News photo

The US Consumer Financial Protection Bureau will now regulate Apple Pay, Venmo and others

News photo

6% of Nissan employees in U.S. to retire early in restructuring

News photo

The U.S. National Security State is Here to Make AI Even Less Transparent and Accountable