CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle

The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.

Business - CNBC - 3 hours ago

CFPB expands oversight of digital payments services including Apple Pay and Cash App

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps.

Consumer watchdog to oversee digital wallets, payment apps

Large companies that offer digital wallets and payment apps will now be overseen by the Consumer Financial Protection Bureau (CFPB). The CFPB finalized a rule Thursday to bring companies handling ...

Politics - The Hill - 2 hours ago

Jack Dorsey's payments company Block expands corporate card service to the UK

Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.

Business - CNBC - October 31

Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders

A federal regulator has ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled Apple Card customers' transaction

Tech - ABC News - October 23

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

Business - CNBC - November 1

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Oct. 28

Entertainment - ABC News - October 29

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Nov. 4

Entertainment - ABC News - November 5

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Nov. 8

Entertainment - ABC News - November 12

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Nov. 15

Entertainment - ABC News - 2 days ago

Cash App settlement: Deadline to submit claim for up to $2,500 nears

You may be eligible for up to $2,500 — but only if you submit a claim on time.

Politics - The Hill - November 10

Cash App settlement: How to file a claim before Monday's deadline

A proposed $15 million settlement is awaiting court approval.

Politics - The Hill - 3 days ago

Defendant takes stand in trial over Cash App founder's murder

Nina Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee, claimed in testimony Monday that he acted in self-defense. CBS News Bay Area reporter Lauren Toms has the ...

Apple to buy Pixelmator, the iPhone image editing app with AI features

Pixelmator said there "will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time."

Business - CNBC - November 1

When Did Apple's Notes App Become an Extension of Our Brains?

The simple iPhone app is a receptacle for nearly everything: passwords, grocery lists, baby-name brainstorms, the occasional ‘Vanderpump’ brain dump.

Tech - The Wall Street Journal - November 12

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - October 30

Met faces service cuts without more cash, says chief

Sir Mark Rowley says he is "deeply troubled" by negotiations so far on the force's funding next year.

Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says

Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.

Business - CNBC - 2 days ago

Student loan servicers are pulling incorrect payments from borrowers' bank accounts

Lenders often encourage federal student loan borrowers to enroll in automatic payments.

Apple’s Quarterly Profit Down Because of Tax Payment in Europe

Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.

Tech - The New York Times - October 31

Warren Buffett slashes Apple stake as he boosts cash to record high

Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the period

Business - Financial Times - November 2

Buffett’s Apple sales and cash pile spark intrigue over motives

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

Business - Financial Times - November 8

CryptoPunks Proved People Will Pay Lots of Money for Digital Tokens

A new book featuring commentary from Reddit co-founder Alexis Ohanian charts the rise of NFTs, which have generated nearly $3 billion in sales.

Business - Inc. - Yesterday

Tech consultant spars with the prosecutor over details of the death of Cash App founder Bob Lee

A tech consultant charged with murder in Cash App founder Bob Lee’s stabbing death has sparred with the lead prosecutor at trial

Tech - ABC News - 6 days ago

Apple releases new preview of its AI, including ChatGPT integration

Apple on Wednesday released a beta version of a slew of Apple Intelligence features, including its long-awaited ChatGPT integration.

Business - CNBC - October 23

Apple releases new preview of its AI, including ChatGPT integration

Apple on Wednesday released a beta version of a slew of Apple Intelligence features, including its long-awaited ChatGPT integration.

Box continues to expand beyond just data sharing, with agent-driven enterprise AI studio and no-code apps

Box debuts its largest set of updates ever, with agent driven enterprise AI data studio and no code apps.

Tech - VentureBeat - November 12

Goldman and Apple fined $89mn over US credit card programme

Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

Business - Financial Times - October 23

Apple, Goldman Sachs Ordered to Pay $89 Millions Over Transaction Disputes

The Consumer Finance Protection Bureau ordered the two to pay out over Apple Card disputes.

Business - Inc. - October 23

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.

Business - CNBC - October 23

Apple, Goldman Sachs ordered to pay $89 million over Apple Card failures

Apple and Goldman "illegally sidestepped" their obligations to Apple Card customers, federal regulators say.

Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry

The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.

Business - The New York Times - October 23

Apple's services unit is now a $100 billion a year juggernaut after 'phenomenal' growth

Apple's services business has become a critical part of the company's appeal to Wall Street over the past decade.

Business - CNBC - November 1

Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers

Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in ...

Tech - ABC News - November 1

Key senators release 'site-neutral' plan to stop Medicare paying hospitals more for same service

Two key senators released a bipartisan plan Friday to require Medicare to pay the same rate for the same service, regardless of where the service is delivered. The “site-neutral” payment reform ...

Politics - The Hill - November 1

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