Open Banking
Tag: Open Banking
American Banker: 1033 Rule Legal Challenge
As the industry awaits a new proposed rule from the Consumer Financial Protection Bureau (CFPB) implementing the “open banking” provision found in Section 1033 of the Dodd-Frank Act, industry...
CFPB Issues Proposed “Open Banking” Rules
Last week, the Consumer Financial Protection Bureau (CFPB) issued proposed rules implementing Section 1033 of the Dodd-Frank Act. In the words of the bureau, the rules are intended to...