
The popularity of Apple Pay will now see the Cupertino company regulated by the US Consumer Financial Protection Bureau (CFPB), a watchdog whose role is normally limited to banks and financial services companies.
The decision means that the bureau will have the power to monitor and regulate Apple’s policies and practices in regard to its mobile wallet services …
The CFPB is a US agency responsible for enforcing federal consumer financial law, but also has a broader role as a regulator to ensure that consumer financial products are “fair, transparent,








