Apple Pay Could Unwittingly Be A Regulated Financial FirmMark Melin
When Apple Inc. (NASDAQ:AAPL) announced its Apple Pay service, a payment method being touted as easier and more secure than standard credit card transactions, did Apple bit into a complicated regulatory mess?
Georgetown law professor Adam Levitin thinks so.
Apple Pay may have may have made the company a regulated financial institution
Levitin thinks Apple Inc. (NASDAQ:AAPL) may have unwittingly become a regulated financial institution. “Apple is now a ‘service . . .
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