This week, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its final rule on personal financial data rights, purportedly aimed ...

Liability over data security emerges as a top concern as the Bank Policy Institute and a Kentucky trade group and bank sue ...

On October 22, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued its final rule implementing Section 1033 of the Dodd-Frank Act ...

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

Swipe fees, on cards are paid by merchants and are typically 2% to 4% of the transaction. In comparison, fees for pay-by-bank ...

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

Via a spokesperson, Wise shared their opinion: “The finalized rule from the CFPB on open banking is a crucial step forward in ...

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

A ban on screen scraping and new disclosures to consumers about data usage are among the new elements of the data protection ...

No sooner had the Consumer Financial Protection Bureau released its personal financial data rights rule Tuesday than the rule ...

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

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