The top U.S. consumer finance watchdog on Tuesday unveiled long-awaited rules that would make it easier for consumers to ...
Payment apps are included in the data-control rule, in a change from last year’s proposal. Banks and credit unions with less ...
Liability over data security emerges as a top concern as the Bank Policy Institute and a Kentucky trade group and bank sue ...
Swipe fees, on cards are paid by merchants and are typically 2% to 4% of the transaction. In comparison, fees for pay-by-bank ...
On October 22, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued its final rule implementing Section 1033 of the Dodd-Frank Act ...
On October 22nd, the Consumer Financial Protection Bureau ("CFPB") issued its final open banking rule, which implements ...
The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, provides for some ...
Wise (LSE:WISE), a global Fintech launched as a simple and inexpensive way to move and manage money, providing many banking ...
Retailers need to pay close attention to developments with open banking and the potential it offers as an alternative to the costly way payments are currently processed.” ...
A ban on screen scraping and new disclosures to consumers about data usage are among the new elements of the data protection ...
The rule requires financial providers, including mortgage companies, to share personal financial data with peers when ...
No sooner had the Consumer Financial Protection Bureau released its personal financial data rights rule Tuesday than the rule ...