JD Supra

Open Banking Update: CFPB Recognizes First Open Banking Standard-Setting Body

SSBs are set to play a pivotal role in the open banking structure contemplated by the CFPB’s Final Rule. They are to be “fair, open and inclusive” industry bodies that meet specific requirements for ...
JD Supra

CFPB’s Open Banking Rules: Dead on Arrival or Alive and Well?

The Consumer Financial Protection Bureau (CFPB) finalized its long-awaited Personal Financial Data Rights rules under Section 1033 of the Dodd-Frank Act, marking a significant milestone in the ...
Crowdfund Insider

L.E.K. Consulting Exec Comments on Implications of CFPB’s Closure and Why Banks Must Push Forward

The Consumer Financial Protection Bureau’s (CFPB) recent shutdown caused a ripple across the industry and calls into question many regulations, including the status of the October open banking ruling.
Finextra

FCA shares feedback on new standard setting body for open banking

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This includes the industry-led work to establish a new organisation that ...
American Banker

Open banking is here, but consumers need to know why it matters

The industry should rally behind the Financial Data Exchange, which has stepped up to help develop standards and governance protocols for open banking in the United States, writes Hashim Toussaint, of ...