ABA op-ed: Don’t fall for fintech, retailer spin on consumer financial information sharing
Financial technology firms and mega-retailers are trying to trick the public about access to their own consumer financial information so ...
Tag: CFPB
CFPB proposes setting guardrails for nonbank supervision
The CFPB is proposing to adopt a new standard that it says will bring more uniformity to its supervision of ...
CFPB seeks input on Section 1033 data sharing reconsideration
The CFPB is seeking public comment on the costs and challenges of enforcing the Dodd-Frank Act’s data sharing requirements as ...
CFPB to repropose rules on small business lending, data sharing
The CFPB plans to propose rulemaking on small business lending data collection and consumer data sharing before the end of ...
ABA, associations: Fintech groups misrepresent permissioned data sharing
Banks don’t charge consumers fees to access their data, and because of banks’ innovation and investments in secure systems, consumers ...
CFPB considers raising regulatory thresholds for certain nonbanks
The CFPB is seeking public input on whether it should raise the thresholds for determining which nonbank service providers fall ...
Court pauses lawsuit over Section 1033 data sharing rule
A federal court granted a stay in a lawsuit challenging the CFPB’s financial data sharing rule after the bureau requested ...
Senate Banking Committee advances bill to accelerate housing construction
The Senate Banking Committee unanimously voted to advance bipartisan legislation to boost housing supply. ABA submitted comments in support of ...
ABA, associations push back against fintech, retailer claims on data sharing rule
ABA joined four banking and credit union associations in correcting the record about several falsehoods made by financial technology and ...
ABA offers fixes for small-business lending data collection rule
In a letter, ABA said it is pleased with the CFPB's proposal to revise its small-business lending data rule and ...
