FIs look to UK, EU to prepare for open banking
U.S. banks are enhancing tech stacks with APIs, collaborating with vendors and drawing insights from the U.K.'s open banking rule ...
Tag: CFPB
Musk calls for abolishing consumer finance agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to ...
Open banking: Decoding Section 1033
Ten years in the making, the Consumer Financial Protection Bureau’s recently finalized open banking rule is making waves. The rule, ...
Apple Pay, other tech firms come under CFPB regulatory oversight
The top US consumer watchdog will supervise Apple Inc. and other major technology firms that offer digital wallets and payment ...
Navy Fed to pay $95M for charging illegal overdraft fees
The Consumer Financial Protection Bureau today fined Navy Federal Credit Union for illegally charging customers overdraft fees, calling it the ...
CFPB fines VyStar Credit Union $1.5M for ‘bungled’ platform rollout
The Consumer Financial Protection Bureau fined VyStar Credit Union $1.5 million today for the botched rollout of a new online ...
CFPB director favors ‘the end of screen scraping’
LAS VEGAS — The Consumer Financial Protection Bureau Director Rohit Chopra hopes the financial services industry moves away from screen ...
Core providers can help FIs prepare for open banking
Banks should look to their core providers to ensure they have the API frameworks to be compliant with this week’s ...
CFPB open banking rule to force innovation
Experts are assessing the effects of the Personal Data Right rule on consumers, competition and innovation following the Consumer Financial ...
Goldman, Apple to pay $89M after CFPB card probe
Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running investigation into their ...
