consumer finance

finance investment

Finance Minister to address Invest Cyprus annual general meeting

The Invest Cyprus annual general meeting, held in Nicosia, aims to unveil the strategic roadmap for sustainable investment and economic development, reinforcing Cyprus’ position as a prime location for business and innovation. Notable figures, including the Deputy Minister to the President and the Minister of Finance, will be in attendance, and the CEO of Invest Cyprus will present on investable projects and key criteria for investment in Cyprus.

digital payments consumer finance

Navigating the New Frontier: The CFPB’s Proposal on Digital Wallets and Online Payments

The U.S. Consumer Financial Protection Bureau (CFPB) has proposed extending banklike supervision to major tech companies like GooglePay, ApplePay, PayPal, and CashApp, aiming to ensure consumer safeguards in digital wallets and online payments. This would involve rigorous inspection of privacy protections, executive conduct, and compliance with fair practice laws, potentially leveling the playing field and fostering competition while providing increased consumer protection in the digital age.

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