Mobile Commerce and Payments – Page 2

Elon Musk’s Attacks on CFPB Remove Obstacle to Building ‘X Money’

Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his efforts to hobble the agency.

By Stacy Cowley Jessica Silver-Greenberg and Kate Conger

Banking and Financial Institutions Capital One Financial Corporation Computer Network Outages Customer Relations E-Commerce Mobile Commerce and Payments

Capital One Customers Complain of Being Locked Out of Accounts

The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend.

By Lauren McCarthy

Beijing Bytedance Technology Co Ltd Computers and the Internet Corporations Douyin (ByteDance) E-Commerce International Relations Mergers, Acquisitions and Divestitures Mobile Applications Mobile Commerce and Payments Social Media Supreme Court (US) TikTok (ByteDance)

U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner

While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.

By Erin Griffith

Block Inc Cash App (Mobile App) Fines (Penalties) Frauds and Swindling Mobile Applications Mobile Commerce and Payments Regulation and Deregulation of Industry

Cash App Ordered to Pay $255 Million in Penalties Over Fraud

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.

By Rob Copeland