CFPB Approves Application from Financial Data Exchange to Issue ...
3 days ago · Ban on “pay-to-play” and other conflicts of interest: The approval order ensures that FDX will develop standards to promote open banking without regard to sponsorships or other …
CFPB signs off on standard-setting body’s application for open-banking …
10 hours ago · The selection of FDX for a five-year run as an industry standard-setting body followed an open-comment period; CFPB said it will continue considering other applicants. …
CFPB authorises FDX as open banking standards setter in US
18 hours ago · The US Consumer Financial Protection Bureau (CFPB) has recognised the Financial Data Exchange (FDX) as a standard-setting body for the US open banking …
CFPB Finalizes Personal Financial Data Rights Rule to Boost …
Oct 22, 2024 · The rule moves the United States closer to having a competitive, safe, secure, and reliable “open banking” system. Today’s rule is part of the CFPB’s efforts to finally activate …
'Open banking' rules for consumer data unveiled by US watchdog
Oct 22, 2024 · The Consumer Financial Protection Bureau's "open banking" rule governs data sharing between fintech firms and traditional banks, allowing consumers to easily transfer their …
'Open banking' rules for consumer data unveiled by US watchdog
Oct 22, 2024 · 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 …
CFPB issues final rule on open banking | Banking Dive
Oct 22, 2024 · The Consumer Financial Protection Bureau on Tuesday issued its long-awaited final rule on open banking — with a major tweak. The rule would require financial institutions, …
US rolls out ‘open banking’ rules to make sharing financial data …
Oct 22, 2024 · The top US consumer finance watchdog has finalised long-awaited “open banking” rules that it hopes will inject more competition into a market with more than 4,000 lenders and …
CFPB Launches Process to Recognize Open Banking Standards
Jun 5, 2024 · Today, the CFPB finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help …
Open banking comes to the U.S with new CFPB rule. Here's what …
Oct 24, 2024 · The first so-called open banking rules in the U.S. will give consumers more power to "fire fintechs and banks that provide lousy service"