By Jeremy McLaughlin and Josh Durham Yesterday the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM) that, according to the agency, aims to “crack down on [fintech] regulatory arbitrage by ensuring large technology firms and other nonbank payment providers are subjected to appropriate oversight.” The proposed rule would subject large nonbank … Continue reading CFPB Wants to Oversee Large Nonbank Digital Payment Providers