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Regulatory Requirements FinTech Consumer Privacy Rights

Hogan Lovells

Big Tech and digital wallets: Regulatory perimeter under review following feedback to UK FCA and PSR call for information

Hogan Lovells on

Potential issues identified from stakeholder feedback to the FCA and PSR call for information include insufficient competition between digital wallets and between payment systems within digital wallets. The majority of...more

K&L Gates LLP

Complying With the New "Open Banking" Regime: Primer and Fact Sheet

K&L Gates LLP on

The Consumer Financial Protection Bureau (CFPB) finalized its “open banking” rule in late 2024. As required by Section 1033 of the Consumer Financial Protection Act, the CFPB promulgated the rule to require certain financial...more

Troutman Pepper Locke

CFPB Approves Financial Data Exchange as Open Banking Standard Setter

Troutman Pepper Locke on

On January 8, the Consumer Financial Protection Bureau (CFPB) officially recognized Financial Data Exchange, Inc. (FDX) as the first standard-setting body under the Personal Financial Data Rights promulgated rule under...more

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