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CFPB Proposes Rule Defining Larger Participants Of A Market For General-Use Digital Consumer Payment Applications - Financial Services

On Nov. 7, 2023, the Consumer Financial Protection Bureau ("CFPB") issued a proposed rule ("Proposed Rule") which would establish the CFPB's supervisory authority over nonbank covered persons that are larger participants in the market for general-use digital consumer payment applications.
Electronic Fund Transfer Consumer Financial Protection Bureau Small Business Administration Consumer Financial Protection Act Gramm Leach Bliley Act Electronic Fund Transfer Act
Source: mondaq.com

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iPhone's Tap to Pay Arrives on Alaska Airlines, Flights to Allow this Feature

Alaska Airlines is expanding tap to pay for most devices, including Apple's iPhone. There are many services now that use Tap to Pay via NFC (near-field communication), and Alaska Airlines has recently announced that it is adopting it to use on flights for an easier experience.
Mountain View United States Isaiah Richard Charu Jain Stripe For Alaska Airlines Alaska Airlines

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