CFPB Takes First Steps for Open Banking, Big Tech Scrutiny

When Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified on Capitol Hill in late April about the agency’s future plans to promote open banking principles and to deal with the “increasing threat” of Big Tech companies, the question of how to implement these plans remained open. On Tuesday (May 24), the agency provided some … Continue reading CFPB Takes First Steps for Open Banking, Big Tech Scrutiny