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CFPB

CFPB stresses risks in crypto-focused gaming, virtual worlds

by Isaac Wright
CFPB stresses risks in crypto-focused gaming, virtual worlds

In a recent release, the Consumer Financial Protection Bureau warned about the emerging risks associated with crypto-focused gaming. The report, “Banking in Video Games and Virtual Worlds,” highlights the agency’s …

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Lawmakers debate CFPB oversight of payment apps and crypto

by Isaac Wright
Lawmakers debate CFPB oversight of payment apps and crypto

Lawmakers discussed the Consumer Financial Protection Bureau’s proposal to potentially bring payment applications, including those involving crypto, under its oversight. The proposal, “Defining Larger Participants of a Market for General-Use …

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Where is AI regulation headed? Four lessons from 2023 that indicate the outlook.

by Edgar Davis
Where is AI regulation headed? Four lessons from 2023 that indicate the outlook.

Synopsis Last year, AI policy was marked by Big Tech power moves, congressional upskilling, bipartisanship, geopolitical competition, and rapid deployment of nascent technologies on the fly. So, what is around …

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Apple, PayPal could face bank-like supervision under watchdog’s proposal

by Edgar Davis
Apple, PayPal could face bank-like supervision under watchdog’s proposal

The top US consumer financial watchdog on Tuesday proposed to regulate tech giants’ digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but …

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Amazon Tests ‘Just Walk Out’ Pay System

by Anas Siddiqui
Amazon Tests ‘Just Walk Out’ Pay System

Amazon’s New Just Walk Out Cashierless Checkout System Uses RFID Tags to Track Apparel Purchases Amazon introduced a new version of its Just Walk Out retail technology that allows customers …

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