Bank Policy Institute

CFPB’s Move to Rescind Rule 1033 Creates Uncertainty in Open Banking
CFPB’s Move to Rescind Rule 1033 Creates Uncertainty in Open Banking
May 25, 2025  |  Digital-First Banking

Apparently, the days of Rule 1033 are numbered. In fact, as of Sunday (May 25) they might be down to four, as the Consumer Financial...

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Bank Groups Sue Fed, Seeking ‘Transparency’ on Stress Testing Framework
Bank Groups Sue Fed, Seeking ‘Transparency’ on Stress Testing Framework
December 24, 2024  |  Bank Regulation

Five groups representing banks and businesses sued the Federal Reserve on Tuesday (Dec. 24), saying its current stress testing framework is “opaque” and violates the...

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New Bank Capital Rules May Pressure Credit Access for Paycheck-to-Paycheck Consumers
New Bank Capital Rules May Pressure Credit Access for Paycheck-to-Paycheck Consumers
November 15, 2024  |  Credit Cards

Consumers are borrowing more on their credit cards — just to pay the monthly bills. Get the Full Story Complete the form to unlock this...

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BPI: FDIC Bank Merger Rules Will Have ‘Chilling Effect’
BPI: FDIC Bank Merger Rules Will Have ‘Chilling Effect’
October 29, 2024  |  Regulation

The Federal Deposit Insurance Corp.’s finalized Statement of Policy on Bank Merger Transactions will have a “chilling effect” on bank mergers and other strategic decisions...

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Banking Trade Associations Sue CFPB to Block Data Sharing Rule
Banking Trade Associations Sue CFPB to Block Data Sharing Rule
October 22, 2024  |  CFPB

The Bank Policy Institute and the Kentucky Bankers Association filed a lawsuit Tuesday (Oct. 22) challenging the Consumer Financial Protection Bureau’s (CFPB) final rule on...

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Banking Sector Seeks More Time on CFPB Open Banking Rule
Banking Sector Seeks More Time on CFPB Open Banking Rule
July 17, 2024  |  CFPB

The banking industry wants more time to comply with a new rule governing consumer financial data. Get the Full Story Complete the form to unlock...

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Journey From Screen Scraping to Open Banking More Marathon Than Sprint
Journey From Screen Scraping to Open Banking More Marathon Than Sprint
January 03, 2024  |  Bank Regulation

The movement to open banking here in the states will prove more marathon than sprint — with twists and turns along the way, with the...

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CFPB Data Rules Don’t Go Far Enough, TCH and BPI Say
CFPB Data Rules Don’t Go Far Enough, TCH and BPI Say
January 02, 2024  |  CFPB

Two financial industry groups say proposed consumer financial data rules don’t go far enough. Get the Full Story Complete the form to unlock this article...

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Debate Sharpens on Medical Payment Products as CFPB Seeks More Info
Debate Sharpens on Medical Payment Products as CFPB Seeks More Info
September 12, 2023  |  Healthcare

The debate over medical payment products — and, by extension, consumer choice — is sharpening between banks, innovators and regulators. Get the Full Story Complete...

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