December 8, 2021
Via: Payments DiveThe Consumer Financial Protection Bureau (CFPB) needs to protect consumers from big technology companies eager to make inroads in the payments processing business, according to comments filed this week with the agency by two bank industry trade groups. The American […]
February 12, 2021
Via: American BankerPayPal Holdings Inc. is weighing a foray into stock trading and high-yield savings accounts as the firm pushes beyond its iconic checkout button. The payments giant expects the number of active users on its sprawling platform to climb to 750 […]
January 7, 2021
Via: FinTech FuturesAccording to Reuters, Trump issued the executive order just 15 days before his successor, Joe Biden, is set to be inaugurated. It bans transactions in the US via major Chinese Big Tech wallet providers including Ant Group and Tencent. President-elect […]
August 4, 2020
Via: Banking TechnologyAccording to Reuters sources, the State Council has gathered evidence on the two firms for more than a month. It plans to investigate whether the payments giants have used their dominant market position to prevent competition from gaining a significant […]
March 26, 2024
March 29, 2024
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