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CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal [CNBC]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: CNBC
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
That would include services from Apple and Google, as well as payment firms like PayPal and Block. The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said. The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. Tech giants and payments firms that handle at least 50 million transactions annually will fall under the review, which is meant to ensure the newer entrants adhere to the laws that banks and credit unions abide by, the CFPB said in a release. That would include services from Apple and Google , as well as payment firms like PayPal and Block While the CFPB already had some authority over digital payment companies because of its oversight of electronic fund transfers, the new rule allows it to conduct “proactive examinations” to ensure legal compliance, enabling it t [Read more]
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Stockreport

CFPB expands oversight of digital payments services including Apple Pay, Cash App and PayPal [CNBC]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: CNBC
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
That would include services from Apple and Google, as well as payment firms like PayPal and Block. The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said. The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. Tech giants and payments firms that handle at least 50 million transactions annually will fall under the review, which is meant to ensure the newer entrants adhere to the laws that banks and credit unions abide by, the CFPB said in a release. That would include services from Apple and Google , as well as payment firms like PayPal and Block While the CFPB already had some authority over digital payment companies because of its oversight of electronic fund transfers, the new rule allows it to conduct “proactive examinations” to ensure legal compliance, enabling it t [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