Open Banking Excellence

OCTOBER 6, 2023

Your guide to the Consumer Financial Protection Bureau's (CFPB) imminent proposals for a new regulatory framework governing “Personal Financial Data Rights” The US will propose a new “Open Banking Rule” this year which will set the foundations for an ecosystem with the potential to become the largest in the world.

Consumer Financial Protection Bureau (CFPB) 130

Consumer Financial Protection Bureau (CFPB) Rules CFPB Finance 130

NFCW

NOVEMBER 27, 2023

The US Consumer Financial Protection Bureau (CFPB) is proposing to subject large non-bank companies that offer consumer finance services including digital wallets and payment apps – such as Apple and Google – to the same regulatory scrutiny and oversight as banks, credit unions and other financial institutions.

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Consumer Financial Protection Bureau (CFPB) Rules CFPB Consumer 52

PYMNTS

JULY 26, 2020

The nation’s consumer protection agency is seeking input on rule changes to third-party access to individual financial records. Its purpose was to review the agency’s handling of authorized third-party access to consumer’s financial data.

Consumer Financial Protection Bureau (CFPB) 69

Consumer Financial Protection Bureau (CFPB) CFPB Consumer Privacy 69

PYMNTS

MARCH 6, 2019

“We are proposing to amend our data security rules for financial institutions to better protect consumers and provide more certainty for business[es],” said Andrew Smith, director of the FTC’s Bureau of Consumer Protection, in a press release.

FTC 60

FTC Privacy Consumer Financial Protection Bureau (CFPB) Security 60

PYMNTS

MAY 8, 2017

Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions, said The Wall Street Journal. The controversial U.S.

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CFPB Consumer Financial Protection Bureau (CFPB) Authorization Consumer Protection 48

PYMNTS

NOVEMBER 9, 2020

Financial Conduct Authority (FCA), said in an interview with PYMNTS that the pandemic has helped shine a spotlight on the infrastructure underpinning the great digital shift toward online and contactless transactions. ” the Federal Reserve Bank of Boston said, “To date, U.S. That signals more rules on the horizon.

Consumer Financial Protection Bureau (CFPB) 114

Consumer Financial Protection Bureau (CFPB) Accreditation CFPB TCH 114

PYMNTS

JULY 20, 2018

.” The publication likened the disclosure requirements to existing rules that require consumer lenders to disclose APRs under the federal Truth in Lending Act and Regulation Z. According to the article’s authors, Thomas R. McMorrow and Charles E. Washburn, Jr., ”

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Consumer Financial Protection Bureau (CFPB) Small Business CFPB Rules 40