Rule 1033

American Express Forms Data Sharing Partnership With MX
American Express Forms Data Sharing Partnership With MX
November 07, 2024  |  Banking

American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access...

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AWS and Plaid Advance the Business Case for Open Banking and Pay by Bank
AWS and Plaid Advance the Business Case for Open Banking and Pay by Bank
October 29, 2024  |  Payments Innovation

It’s still premature to say that open banking and pay by bank have truly arrived in the U.S. However, with the Consumer Financial Protection Bureau...

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Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
Banks’ Suit on CFPB Rule 1033 Predicts Private-Public Sector Clash on Open Banking
October 25, 2024  |  Regulation

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). But the issue is far from over. The battle between banks...

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FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
October 25, 2024  |  IPO

For FinTechs in general, and the FinTech IPO Index in particular, this past week has been dominated by regulators, new rules related to data and...

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CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
CFPB Includes Payment Apps and Data Brokers in Final Rule 1033
October 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) swung for the fences this morning (October 22) as it issued the final version of its long-awaited Rule 1033 on...

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What to Know About Rule 1033 as Open Banking Continues to Evolve
What to Know About Rule 1033 as Open Banking Continues to Evolve
September 17, 2024  |  Digital Banking

Open banking — relatively well-entrenched in Europe, nascent here in the United States — is taking shape largely by directive, through regulations and standards that...

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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. The open banking regulation in question is the Consumer...

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CFPB Aims to to Speed Shift to Open Banking in the U.S.
CFPB Aims to to Speed Shift to Open Banking in the U.S.
June 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. The U.S. consumer watchdog on Wednesday (June 5)...

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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. The Clearing House Association and the Bank Policy Institute submitted recommendations...

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