All signs had pointed to the Consumer Financial Protection Bureau (CFPB or “Bureau”) rolling back the open banking final rule implementing Section 1033 of the Dodd-Frank Act (12 U.S.C. § 5533) (“PFDR Rule”) promulgated by the...more
8/27/2025
/ Banking Sector ,
Consumer Data Requests ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Privacy Rights ,
Data Privacy ,
Data Security ,
Dodd-Frank ,
Fees ,
FinTech ,
GLBA Privacy ,
Open Banking ,
Personal Finances ,
Popular ,
Proposed Rules ,
Regulatory Reform ,
Rulemaking Process
On January 8, 2025, the Consumer Financial Protection Bureau (CFPB) issued a decision and order approving the application of Financial Data Exchange, Inc. (FDX) for recognition as a standard-setting body (SSB) under the...more
1/15/2025
/ Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Data Collection ,
Data Privacy ,
Dodd-Frank ,
Final Rules ,
Financial Regulatory Reform ,
Open Banking ,
Pay-To-Play ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management