Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications

14 organizations filed 15 public comments on Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications, at the Consumer Financial Protection Bureau. The comment window closed 932d ago.

Abstract

SUMMARY: The Consumer Financial Protection Bureau (CFPB) proposes a rule to define a market for general-use digital consumer payment applications. The proposed market would cover providers of funds transfer and wallet functionalities through digital applications for consumers’ general use in making payments to other persons for personal, family, or household purposes. Larger participants of this market would be subject to the CFPB’s supervisory authority under the Consumer Financial Protection Act (CFPA). ADDITIONAL INFORMATION: For more information about commenting on CFPB’s Notices, please visit us at : https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/commenting-on-notices/

Commenters (14)

• Crypto Council for Innovationtrade assoc.

  2 filings · confidence 85%
• American Consumer Institutetrade assoc.

  1 filing · confidence 85%
• American Fintech Counciltrade assoc.

  1 filing · confidence 85%
• Bank Policy Institutetrade assoc.

  1 filing · confidence 97%
• Chamber of Progresstrade assoc.

  1 filing · confidence 85%
• Computer & Communications Industry Associationtrade assoc.

  1 filing · confidence 97%
• Consensys Software Inc.unverified attribution

  1 filing · confidence 70%
• Financial Technology Associationtrade assoc.

  1 filing · confidence 85%
• Market Institutetrade assoc.

  1 filing · confidence 85%
• National Consumer Law Center on behalf of its low income clientsunverified attribution

  1 filing · confidence 70%
• National Retail Federationtrade assoc.

  1 filing · confidence 97%
• Taxpayers Protection Alliancetrade assoc.

  1 filing · confidence 85%
• Third Party Payment Processors Association - TPPPAtrade assoc.

  1 filing · confidence 85%
• Third Party Payment Processors Association.trade assoc.

  1 filing · confidence 85%