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.
'Open banking' rules for consumer data unveiled by US watchdog
The top U.S. consumer finance watchdog on Tuesday unveiled long-awaited rules that would make it easier for consumers to switch between financial services providers, a move the agency said was aimed at boosting competition.
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, and security over their personal financial data.
US Banks Prepare for New Era of Consumer Financial Data Sharing
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a long-awaited rule aimed at fueling more competition for financial products.
New CFPB rule aims to make switching banks easier by requiring free release of personal data
The Consumer Financial Protection Bureau announced a final rule that will allow consumers to switch banks more easily by requiring banking institutions to release certain personal data for free.
CFPB Director on new consumer banking data rules
Consumer Financial Protection Bureau Director Rohit Chopra joins 'Squawk Box' to discuss a new rule requiring financial institutions to share customer data with other providers at customer request for free,
CFPB's 1033 rule sparks ire from banks over data security
JPMorgan Chase and bank trade groups criticized the Consumer Financial Protection Bureau's open banking rule for not providing enough data security.
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 ...
Appeals court upholds trespassing charge used against hundreds of Jan. 6 defendants
A divided federal appeals court in Washington, D.C., upheld a trespassing charge and conviction Tuesday against Jan. 6 ...
Goldman Sachs Faces CFPB Fine Over Credit-Card Business
An enforcement action is expected as soon as this week pertaining to bank’s Apple credit-card program ...
US banking industry files legal challenge against new 'open banking' rules
A pair of U.S. banking trade groups filed a lawsuit on Tuesday challenging new rules issued by the Consumer Financial ...
Lending fintech SoLo Funds faces class-action lawsuit
Fintech lending startup SoLo Funds is facing a new class action lawsuit according to a copy seen by TechCrunch.
Switching Banks Is About To Get Easier
A new rule by the Consumer Financial Protection Bureau (CFPB) requires banks and other financial institutions to share ...
Scammers target business owners after hurricanes
Florida has reports of scammers in the area who are posing as FEMA officials and trying to get financial information from ...
New services for financially struggling Californians to come under more scrutiny by state regulators
The California Department of Financial Protection and Innovation is requiring four more types of consumer lending firms to ...
Intellinews on MSN1d
Jordan's central bank issues new financial consumer protection rules
By bnm Gulf bureau The Central Bank of Jordan (CBJ) has issued new 'Financial Consumer Protection Instructions for the Banking Sector' (No. 14/2024), set to take effect 90 days after publication in ...