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Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The Consumer Financial Protection Bureau finalized a rule expanding its oversight over non-bank wallet apps hosted by big tech companies. Payment services and wallet apps from Apple, Google, Amazon, and others would fall under the CFPB's purview and potential scrutiny. The CFPB argues that once-small wallet apps have grown to become a "critical financial tool," which is why it's expanding its authority and will conduct "proactive examinations" of these companies. The Consumer Financial Protection Bureau (CFPB) today shared a finalized rule that gives it expanded federal oversight over digital wallet apps and payment services, specifically those hosted by non-bank companies. The rule covers corporations handling more than 50 million transactions per year, which includes Apple, Google, and Amazon. Apple Wallet, Google Wallet , and Amazon Pay are just a few of the payment services that may now come under more scrutiny from the CFPB. "Digital payments have gone from novelty to ne [Read more]
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Stockreport

Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet [Yahoo! Finance]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The Consumer Financial Protection Bureau finalized a rule expanding its oversight over non-bank wallet apps hosted by big tech companies. Payment services and wallet apps from Apple, Google, Amazon, and others would fall under the CFPB's purview and potential scrutiny. The CFPB argues that once-small wallet apps have grown to become a "critical financial tool," which is why it's expanding its authority and will conduct "proactive examinations" of these companies. The Consumer Financial Protection Bureau (CFPB) today shared a finalized rule that gives it expanded federal oversight over digital wallet apps and payment services, specifically those hosted by non-bank companies. The rule covers corporations handling more than 50 million transactions per year, which includes Apple, Google, and Amazon. Apple Wallet, Google Wallet , and Amazon Pay are just a few of the payment services that may now come under more scrutiny from the CFPB. "Digital payments have gone from novelty to ne [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