Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial ...
Trump's new open banking rule at the CFPB is restoring the freedom, competition, and choice that define the American economy.
In comment letters on the Consumer Financial Protection Bureau's new rulemaking on personal financial data rights, consumers ...
A district court has agreed to halt compliance with the Consumer Financial Protection Bureau's Biden-era open banking rule ...
Banks and fintechs aired their arguments regarding the federal agency’s proposed revision of a rule on sharing consumer data.
The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.
The court reasoned that Section 1033 authorizes banks to provide data to consumers and fiduciary-type representatives, not to commercial third parties such as fintech companies. It also explained that ...
A coalition of fintech, crypto and retail industry trade groups is urging the US Consumer Financial Protection Bureau (CFPB) to adopt a robust open banking rule that safeguards consumers’ control over ...
A coalition of banking groups has convinced a federal judge to temporarily block enforcement of a U.S. Consumer Financial Protection Bureau rule aimed at making it easier for consumers to switch ...
We don’t need more power handed to the same regulators who helped push people out of the banking system in the first place.
Bank supervision consists of two main prongs: risk management and compliance. On the compliance side, consumer protection laws are being enforced less than at any time since at least the Great ...
Bank-fintech partnerships are essential to enabling community banks to serve stablecoin interest, Rep. Mike Flood, R-NE, said ...