{"id":1200811,"date":"2023-11-08T10:08:30","date_gmt":"2023-11-08T15:08:30","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1200811"},"modified":"2023-11-08T10:08:30","modified_gmt":"2023-11-08T15:08:30","slug":"consumer-finance-protection-bureau-wants-to-regulate-venmo-apple-cash-like-banks","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1200811","title":{"rendered":"Consumer Finance Protection Bureau wants to regulate Venmo, Apple Cash like banks"},"content":{"rendered":"<div id=\"rss-wrap\">\n<figure class=\"intro-image intro-left\">\n  <img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/11\/GettyImages-453969498-800x533-1.jpg\" alt=\"Consumer Finance Protection Bureau wants to regulate Venmo, Apple Cash like banks\" \/><\/p>\n<p class=\"caption\" style=\"font-size:0.8em\"><a href=\"https:\/\/cdn.arstechnica.net\/wp-content\/uploads\/2018\/07\/GettyImages-453969498.jpg\" class=\"enlarge-link\" data-height=\"2667\" data-width=\"4000\">Enlarge<\/a> (credit: Andrew Harrer\/Bloomberg via Getty Images)<\/p>\n<\/figure>\n<div><a name=\"page-1\" \/><\/div>\n<p>The top US consumer finance regulator is seeking new powers to oversee technology companies that offer digital wallets and payment applications, in a move that would intensify scrutiny over companies such as Google and Apple.<\/p>\n<p>The proposal issued by the Consumer Financial Protection Bureau on Tuesday would subject non-bank companies that offer digital payments to a regulatory scheme similar to that for banks or credit unions.<\/p>\n<p>It aims to ensure that US consumer protection laws are applied to a ballooning sector used by millions of consumers to transfer funds and make retail payment transactions.<\/p>\n<\/div>\n<p><a href=\"https:\/\/arstechnica.com\/?p=1982210#p3\">Read 13 remaining paragraphs<\/a> | <a href=\"https:\/\/arstechnica.com\/?p=1982210&amp;comments=1\">Comments<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Ars Technica &#8211; <a href=\"https:\/\/arstechnica.com\/?p=1982210\" target=\"_blank\" rel=\"noopener\">Consumer Finance Protection Bureau wants to regulate Venmo, Apple Cash like banks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enlarge (credit: Andrew Harrer\/Bloomberg via Getty Images) The top US consumer finance regulator is seeking new powers to oversee technology companies that offer digital wallets and payment applications, in a move that would intensify scrutiny over companies such as Google &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1200811\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1200812,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1200811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1200811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1200811"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1200811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1200812"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1200811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1200811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1200811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}