PayPal vs. Consumers?

Payments giant sues Consumer Bureau

Photo by Rami Al-zayat on Unsplash

American Banker reports that payments giant PayPal is taking on the Consumer Financial Protection Bureau (CFPB) in a lawsuit that could have far-reaching implications in the fintech industry.

American Banker notes:

The online payments giant sued the CFPB in 2019, claiming digital wallets should not be subject to the…