Section 1033 news and trends

Section 1033 May Fall Short of its Data Security and Open Banking Goals
Bank Regulation // March 03, 2025

There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to regulations, where bad policy translates into bad rule-making. Get the Full Story Complete the form to unlock this article and...

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

The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Open Banking’s Moment of Truth: How Will Section 1033 Change the Game?
Bank Regulation // October 16, 2024

You’ve heard of the October surprise. The term applies to politics, to a bombshell or report that upends a race. And sometimes the event brings clarity — determining the direction of the race and who the ultimate winner(s) might be. Get the Full Story Complete...

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

Open banking — relatively well-entrenched in Europe, nascent here in the United States — is taking shape largely by directive, through regulations and standards that give a roadmap to how financial data is permissioned by consumers and shared with financial services providers. Get the Full...

Interviews & Exclusives
Regulatory Uncertainty Leaves Open Banking Payments Market Underserved

July 01, 2025
Open banking is proving to be a work in progress, certainly on the regulatory front in the United States, and in terms of technical issues too.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]

What to Know About Rule 1033 as Open Banking Continues to Evolve

September 17, 2024
Open banking — relatively well-entrenched in Europe, nascent here in the United States — is taking shape largely by directive, through regulations and standards that give a roadmap to how...