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(Bloomberg) -- Meta Platforms Inc., Apple Inc., Alphabet Inc. and other companies that offer digital wallets and payment apps would fall under US Consumer Financial Protection Bureau supervision under a newly proposed rule aimed at treating nonbanks more like traditional counterparts.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut Deb

Meta Platforms Inc., Apple Inc., Alphabet Inc. and other companies that offer digital wallets and payment apps would fall under U.S. Consumer Financial Protection Bureau supervision under a newly proposed rule aimed at treating nonbanks more like traditional counterparts.

/PRNewswire/ -- The Electronic Transactions Association (ETA) is pleased to announce that its CEO, Jodie Kelley, will testify before the House Financial...

Leaders across Canada's payments industry continue to demonstrate unified support for amendments to the Canadian Payments Act to expand Payments Canada's membership. This support was previously expressed through various pre-budget consultation submissions, a joint letter to the Minister of Finance and a 2018 Department of Finance consultation.

A federal judge in Texas blocked the Consumer Financial Protection Bureau from enforcing a new rule requiring lenders to collect demographic data from small-business borrowers while the constitutionality of the agency’s funding mechanism remains in question.