Consumer Financial Protection Bureau: CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans

Consumer Financial Protection Bureau: CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans. “Today, the Consumer Financial Protection Bureau (CFPB) issued a series of orders to collect information on the business practices of large technology companies operating payments systems in the United States. The information will help the CFPB better understand how these firms use personal payments data and manage data access to users so the Bureau can ensure adequate consumer protection.”

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