CFPB Investigating Venmo’s Funds Transfer and Debt Collection Policies
Troutman Sanders
FEBRUARY 11, 2021
In a recently filed Form 10-K , PayPal Holdings, Inc. In a recent report titled, “ Federal Policy Outlook 2021 ,” Troutman Pepper Strategies predicts that the “Biden-run CFPB will try to strengthen oversight of lending, credit, and target predatory lending.”. PayPal owns and operates Venmo as part of its digital wallet portfolio.
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