Apple Wallet
Tech groups sue US CFPB to block rule on payment apps, digital wallets
Two technology trade groups sued to block a new rule giving the regulator supervisory authority over payment apps and digital wallets from large non-banks.
Apple Wallet
US watchdog issues final rule to supervise Big Tech payments, digital wallets
Silicon Valley tech giants who process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision.