Open banking regulation is in the works — finally. The Consumer Financial Protection Bureau (CFPB) announced in October 2022 a plan to propose a rule in 2023 requiring financial institutions to share consumer data upon request by the consumer. One year later, on Oct. 19, 2023, the bureau unveiled its Personal Financial Data Rights proposal. […]

Whitney McDonald

Source link

You May Also Like

Rate Drop Pledge | Traditions Mortgage

Rate Pledge Program Disclaimers 1. Traditions Mortgage Rate Pledge (“Program”) allows for…

Vehicle loan securitisation is to reach about ₹70,000 cr in FY24

Vehicle loan securitisation is expected to cross the pre-pandemic peak levels to…

‘It makes my heart grow.’ Wells Fargo worker on his 14th year with Angel Tree program

Matthew Leonard, a volunteer for the Salvation Army’s Angel Tree program, stands…

CNBC Daily Open: Investment banking’s coming back

A man walks by the Bank of America headquarters on July 18,…