Posts Tagged ‘Consumer Financial Protection Bureau’
New CFPB acting director appointed as Rohit Chopra departs
Rohit Chopra, who had been director of the Consumer Financial Protection Bureau since 2021, introduced a new Open Banking rule last year.
Read MoreCFPB recognises FDX as standards-setting body under new US Open Banking rule
Financial Data Exchange applied to be recognised as an approved standard-setting body in September last year.
Read MorePlaid reveals the US institutions most prepared for Open Banking
The research conducted among more than 200 bank executives also found that Open Banking is perceived as more than a compliance obligation by FIs.
Read MoreFeature: Open Banking in the US – a new era of consumer-centric innovations?
The Consumer Financial Protection Bureau has issued the final version of the Personal Financial Data Rights rule, so what’s at stake?
Read MoreCFPB issues final rule on supervision of digital payment apps
The most-widely used apps covered by its new rule collectively process more than 13 billion consumer payment transactions annually.
Read MoreCFPB finalises Open Banking rule in ‘pivotal moment’ for US consumers
Financial firms will be required to comply with the Personal Financial Data Rights rule based on their size, commencing in April 2026.
Read MoreFDX applies to be recognised as standards-setting body by CFPB
The non-profit organisation has also appointed its first chief executive officer in readiness for Open Banking regulation.
Read MoreKoxa unveils Open Banking ‘Gateway’ to help US banks comply with regulation
The new solution will provide banks with Open Banking connectivity to digital financial apps and services.
Read MoreNova Credit teams up with Akoya ahead of US Open Banking regulation
The partnership combines Nova Credit’s analytics and CRA “expertise” with Akoya’s API-only data to deliver a scalable solution for lenders.
Read MoreNew Sensedia accelerator helps US fintechs comply with Open Finance
The Fintech API Accelerator Platform enables fintechs to scale at pace.
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