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Regulators will oversee cash apps including Apple, PayPal and Zelle [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 rule covers payment services from Apple, Google and Amazon, as well as firms including PayPal and Block, and will cover peer-to-peer services Venmo and Zelle. The apps covered by the new rule process more than 13 billion consumer payments a year, the CFPB said in a statement "Digital payments have gone from novelty to necessity and our oversight must reflect this reality," said CFPB Director Rohit Chopra . "The rule will help to protect consumer privacy, guard against fraud and prevent illegal account closures." Mega Tech companies such as Amazon and Apple, as well as large payment firms that handle at least 50 million transactions a year, will be required to adhere to the law, which is meant to ensure that they are held to the same laws that traditional banks and credit unions abide by, the CFPB said. This new rule will also allow the CFPB to more closely monitor newer entities to the financial scene, such as the tech companies and payment apps, that have sidestepped muc [Read more]
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Stockreport

Regulators will oversee cash apps including Apple, PayPal and Zelle [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 rule covers payment services from Apple, Google and Amazon, as well as firms including PayPal and Block, and will cover peer-to-peer services Venmo and Zelle. The apps covered by the new rule process more than 13 billion consumer payments a year, the CFPB said in a statement "Digital payments have gone from novelty to necessity and our oversight must reflect this reality," said CFPB Director Rohit Chopra . "The rule will help to protect consumer privacy, guard against fraud and prevent illegal account closures." Mega Tech companies such as Amazon and Apple, as well as large payment firms that handle at least 50 million transactions a year, will be required to adhere to the law, which is meant to ensure that they are held to the same laws that traditional banks and credit unions abide by, the CFPB said. This new rule will also allow the CFPB to more closely monitor newer entities to the financial scene, such as the tech companies and payment apps, that have sidestepped muc [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