The Consumer Financial Protection Bureau’s recently announced intent to revise its personal financial data rights rules has cast a shadow on the future of open banking regulations in the U.S. Despite the overwhelming...more
10/20/2025
/ Administrative Procedure Act ,
Advanced Notice of Proposed Rulemaking (ANPRM) ,
APIs ,
Banking Sector ,
Banks ,
Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Data Privacy ,
Data Security ,
Data-Sharing ,
Final Rules ,
FinTech ,
Open Banking ,
Pending Litigation ,
Popular ,
Proposed Rules ,
Rulemaking Process
The Consumer Financial Protection Bureau’s (CFPB) open banking rules, issued under Section 1033 of the Dodd-Frank Act, have been the subject of ongoing litigation since their finalization late last year. The litigation is...more
8/4/2025
/ Administrative Procedure Act ,
Banking Sector ,
Banks ,
Compliance Dates ,
Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
FinTech ,
Open Banking ,
Proposed Rules ,
Rulemaking Process ,
Stays
The Consumer Financial Protection Bureau (CFPB) finalized its long-awaited Personal Financial Data Rights rules under Section 1033 of the Dodd-Frank Act, marking a significant milestone in the regulation of...more
2/19/2025
/ Administrative Procedure Act ,
Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
Data Privacy ,
Data Protection ,
Dodd-Frank ,
Enforcement ,
Enforcement Actions ,
Final Rules ,
Financial Regulatory Reform ,
FinTech ,
Open Banking ,
Popular ,
State Attorneys General