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Stockreport

Apple Pay, Cash App, and other digital wallets will be regulated more like banks now [Verge, The]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: Verge, The
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The US Consumer Financial Protection Bureau will supervise digital payment providers that process more than 50 million transactions each year. Share this story Major digital payment providers will soon be subject to bank-like supervision from the US Consumer Financial Protection Bureau (CFPB). On Thursday, the CFPB issued a final rule that will regulate digital payment apps that process over 50 million transactions each year, covering services like Apple Pay, Google Wallet, PayPal, Cash App, and others. The new rule is meant to ensure digital payment providers adhere to the same laws as credit unions and large banks. It will give the CFPB the authority to oversee their compliance with federal laws surrounding privacy, fraud, and other rules through “proactive examinations.” This follows the CFPB's initial proposal to regulate digital payment providers last year, which would've covered a wider swath of companies processing more than 5 million transactions a year. Now, the CFPB [Read more]
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Stockreport

Apple Pay, Cash App, and other digital wallets will be regulated more like banks now [Verge, The]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: Verge, The
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The US Consumer Financial Protection Bureau will supervise digital payment providers that process more than 50 million transactions each year. Share this story Major digital payment providers will soon be subject to bank-like supervision from the US Consumer Financial Protection Bureau (CFPB). On Thursday, the CFPB issued a final rule that will regulate digital payment apps that process over 50 million transactions each year, covering services like Apple Pay, Google Wallet, PayPal, Cash App, and others. The new rule is meant to ensure digital payment providers adhere to the same laws as credit unions and large banks. It will give the CFPB the authority to oversee their compliance with federal laws surrounding privacy, fraud, and other rules through “proactive examinations.” This follows the CFPB's initial proposal to regulate digital payment providers last year, which would've covered a wider swath of companies processing more than 5 million transactions a year. Now, the CFPB [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PYPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS