Antitrust Antitrust

Comment: Apple's 'restrictive tap-to-pay' policies in US consumer agency’s cross-hairs

By Neil Roland
  • 07 Sep 2023 23:10
  • 07 Sep 2023 23:55
The US Consumer Financial Protection Bureau is eyeing Apple’s “restrictive `tap-to-pay’” policies on its smartphones as the agency considers clarifying consumers’ financial data rights, increasing consumer choice and easing platform switching.
Apple prohibits banks and payment apps from offering tap-to-pay transactions on the technology giant’s phones and watches, while it

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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