Apple caught the attention of the CFPB with its new BNPL offering; a new Senate bill would aim to extend Durbin Amendment requirements to credit cards; the House pushed back its consideration of a bill to regulate stablecoins; Kenya ordered Chipper Cash and Flutterwave to cease operations; and Jack Ma reportedly will step down from Ant Group after years of government pressure.
Fintech Update, 7/25 - 7/31
Fintech Update, 7/25 - 7/31
Fintech Update, 7/25 - 7/31
Apple caught the attention of the CFPB with its new BNPL offering; a new Senate bill would aim to extend Durbin Amendment requirements to credit cards; the House pushed back its consideration of a bill to regulate stablecoins; Kenya ordered Chipper Cash and Flutterwave to cease operations; and Jack Ma reportedly will step down from Ant Group after years of government pressure.