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Apple Pay, Cash App, PayPal and other apps to be treated more like banks

Some digital services look like banks, act like banks, but aren’t banks -- meaning they can, for instance, close down your account without notice. Or be

Quite a few companies as the CFPB is targeting payment wallets and money transfer apps that handle more than 50 million transactions per year. While a significant change, the new rule won’t mark the end of crypto scams on social networks as the CFPB has decided to limit its scope to transactions conducted in USD. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.

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