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Trade groups challenge CFPB’s open banking rule on Day 1
Liability over data security emerges as a top concern as the Bank Policy Institute and a Kentucky trade group and bank sue the bureau, arguing overreach.
CFPB finalizes ‘open banking’ rules for consumer data sharing
According to the CFPB, as the rules take effect, consumers will be able to transfer their data between banks free of charge and without obstacles.
CFPB's open banking rule faces suit from Bank Policy Institute
The Bank Policy Institute is among the parties that filed a lawsuit late Tuesday to challenge the Consumer Financial Protection Bureau's new open banking rule.
New CFPB Rule Could Make It Easier to Switch Banks
But that could all change, after the Consumer Financial Protection Bureau announced Tuesday that it finalized what supporters are calling an “open banking” rule, intended to make people’s financial histories portable so they can switch banks more easily.
3h
on MSN
Who's the boss? You are, under CFPB's new rule
CFPB says its new rule will give Americans more control over their financial data, spur competition and lower prices for ...
JD Supra
5h
CFPB Finalizes Personal Financial Data Rights Rule 1033
On October 22, 2024, the Consumer Financial Protection Bureau (the “CFPB”) finalized its personal financial data rights rule ...
American Banker
8h
A complete guide to the CFPB's open banking rule
On Tuesday, the
Consumer
Financial
Protection
Bureau
(
CFPB
) finalized a long-awaited rule that promises to enable ...
Compliance Week
10h
CFPB will enforce Fair Credit Reporting Act on employee background reports, monitoring
Businesses need to follow the consumer protection rules of the Fair Credit Reporting Act (FCRA) when engaging in employee ...
3d
on MSN
New CFPB rules aim to boost competition in financial services
The Consumer Financial Protection Bureau (CFPB) unveiled rules Tuesday intended to increase competition that would require ...
The HR Digest
11h
The CFPB Cracks Down on Unchecked Worker Surveillance
Reminding employers to be cautious about unchecked worker surveillance, the CFPB released a new notice on adhering to the ...
American Banker
1d
CFPB issues guidance on modern-day worker surveillance
The Consumer Financial Protection Bureau warned companies about modern-day surveillance of workers and requirements to follow ...
St. Louis Post-Dispatch
1d
BIZ-CFPB-BANKS-CONSUMER-DATA-GET
Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Director of the
Consumer
Financial
Protection
...
nationalmortgageprofessional.com
3d
CFPB Finalizes New Rule Expanding Consumer Financial Data Privacy Rights
The Consumer Financial Protection Bureau (CFPB) finalized a rule today that's expected to expand consumers rights, privacy, ...
Crowdfund Insider
1d
Global Fintech Wise Issues Statement on CFPB Open Banking Rules: “Wise encourages the CFPB to consider expanding the scope of this rule”
There has been much discussion of the Open Banking rules announced by the US Consumer Financial Protection Bureau (CFPB).
JD Supra
5h
CFPB finalizes sweeping Personal Financial Data Rights Rule
The Consumer Financial Protection Bureau has issued a Final Rule establishing “open banking” and interoperability requirements for bank and ...
1d
on MSN
Apple and Goldman Sachs Were Fined Nearly $90 Million By the Consumer Financial Protection Bureau — Here's Why
On Wednesday, the Consumer Financial Protection Bureau (CFPB) ordered Apple and Goldman Sachs to compensate customers ...
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