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

Nov 21, 2024

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 difficult to contact when you want to dispute fraud. This is about to change: the U.S. Consumer Financial Protection Bureau (CFPB) has just ruled that all digital services that […] © 2024 TechCrunch. All rights reserved. For personal use only.