CFPB places Google’s payments arm under federal supervision ...Middle East

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CFPB places Google’s payments arm under federal supervision
Rohit Chopra leads the Consumer Financial Protection Bureau, which just subjected Google’s payments arm to more bank-like oversight. Ting Shen/Bloomberg WASHINGTON — The Consumer Financial Protection Bureau has designated that Google’s payments arm is under its formal federal supervision.  While the measure could eventually lead to more bank-like oversight of Google’s payments division, the bureau […] The post CFPB places Google’s payments arm under federal supervision appeared first on NY Times News Today.

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