The CFPB announced that digital payment platforms processing over 50 million transactions annually will face federal supervision 30 days after publication in the Federal Register. Apple Pay is a widely used U.S. digital wallet and meets this threshold. The new rule grants the CFPB authority to examine Apple Pay's compliance with consumer financial laws, including privacy, fraud, and account stability. CFPB oversight previously relied on consumer complaints or violations, but the new regulation enables proactive and ongoing scrutiny akin to traditional banking oversight.