Payment apps are included in the data-control rule, in a change from last year’s proposal. Banks and credit unions with less ...

The top U.S. consumer finance watchdog on Tuesday unveiled long-awaited rules that would make it easier for consumers to ...

According to the CFPB, as the rules take effect, consumers will be able to transfer their data between banks free of charge ...

The Consumer Financial Protection Bureau announced a final rule that will allow consumers to switch banks more easily by ...

The Consumer Financial Protection Bureau (CFPB) on Tuesday unveiled rules intended to increase competition that would require ...

The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, provides for some ...

Section 1033 promised to increase competition in banking and improve the ability to offer novel payment methods, but experts ...

The rule requires financial providers, including mortgage companies, to share personal financial data with peers when ...

The Consumer Financial Protection Bureau (CFPB) has completed its rulemaking process for certain segments of Open Banking.

The CFPB, which proposed the rule in October 2023, says the new rule will fuel “competition and consumer choice, help lower prices on loans, and improve customer service across payments, credit, and ...

Easier sharing of financial data should lower costs for consumers. US banks will now have to give customers access to their ...

US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a ...