According to the CFPB, as the rules take effect, consumers will be able to transfer their data between banks free of charge ...
Payment apps are included in the data-control rule, in a change from last year’s proposal. Banks and credit unions with less ...
Section 1033 promised to increase competition in banking and improve the ability to offer novel payment methods, but experts ...
The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, and CFPB Director Rohit ...
The Consumer Financial Protection Bureau (CFPB) released final Open Banking rules today. The new rules impact banks, ...
A U.S. consumer finance watchdog finalized rules that will allow customers to transfer their bank data to another bank ...
The Consumer Financial Protection Bureau (CFPB) has completed its rulemaking process for certain segments of Open Banking.
The rule requires financial providers, including mortgage companies, to share personal financial data with peers when ...
The Consumer Financial Protection Bureau announced a final rule that will allow consumers to switch banks more easily by ...
The Consumer Financial Protection Bureau (CFPB) on Tuesday unveiled rules intended to increase competition that would require ...
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a ...
The CFPB, which proposed the rule in October 2023, says the new rule will fuel “competition and consumer choice, help lower prices on loans, and improve customer service across payments, credit, and ...
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