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Tech giants get reality check: Government oversight incoming for financial services

The Consumer Financial Protection Bureau will now supervise tech firms that handle over 50 million transactions annually.

By: Android Authority

Nov 22 2024
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3056 Views

Tech giants get reality check: Government oversight incoming for financial services — Tech giants get reality check:

The Consumer Financial Protection Bureau (CFPB) announced it has finalized a rule to supervise tech firms that offer digital wallets and payment apps.
Any tech company that handles mo… [+2823 chars]
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Citadel founder Ken Griffin said he would be 'open' to selling a stake in his $65 billion hedge fund