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

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

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

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

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

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

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

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

But the first so-called open banking rules in the U.S. aims to change that. New rules finalized by the CFPB on Tuesday will ...

No sooner had the Consumer Financial Protection Bureau released its personal financial data rights rule Tuesday than the rule ...

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

The CFPB’s press release says that the final rule would help move the industry away from screen scraping, which uses a ...