After a yearslong lead-up, the Consumer Financial Protection Bureau (CFPB) published its final “open banking” rule in October ...

The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications ...

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited final rule on “Personal Financial Data Rights” ...

Liability over data security emerges as a top concern as the Bank Policy Institute and a Kentucky trade group and bank sue ...

The Bank Policy Institute and Kentucky Bankers Association have filed a lawsuit against the Consumer Financial Protection ...

Consumer Financial Protection Bureau Director Rohit Chopra called out bank litigants that sued over the rule, saying he ...

What will mortgage lending look like in 2035? Open banking should prove transformative, but the industry isn't close to being ...

The Consumer Financial Protection Bureau released its open banking final rule last week, leading the payments and financial ...

There has been much discussion of the Open Banking rules announced by the US Consumer Financial Protection Bureau (CFPB).

Swipe fees, on cards are paid by merchants and are typically 2% to 4% of the transaction. In comparison, fees for pay-by-bank ...

Banking industry members sue CFPB over open banking rules, citing security risks. The debate: innovation versus data ...

Well, at least eventually since some companies have until 2030 to comply The US Consumer Financial Protection Bureau (CFPB) ...