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Apple Pay, Cash App, PayPal and other apps to be treated more like banks

21 November 2024 at 08:20

Some digital services look like banks and act like banks, but aren’t banks β€” meaning they can, for instance, close down your account without notice. Or be difficult to contact when you want to dispute fraud. This is about to change: the U.S. Consumer Financial Protection Bureau (CFPB) has just ruled that all digital services […]

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