FinCEN seeks comment on possible change to Customer Identification Data collection
FinCEN and federal banking agencies are seeking information regarding potentially allowing banks to collect only part of a Social Security ...
Tag: Customer data access
ABA calls for changes to CFPB’s Section 1033 proposal
ABA raised concerns that several aspects of the CFPB’s proposal to implement Section 1033 of the Dodd Frank Act—which governs ...
Podcast: Digging into the CFPB’s Section 1033 data-sharing proposal
"Banks have long supported consumers accessing their own data, but believe it should be done in a safe and sound ...
Thinking outside the (credit) box
Special-purpose credit programs build on data sharing to expand lending outreach.
Four data must-haves to help banks drive engaged loyalty
Banks turn passively loyal customers into brand advocates by investing in the proper data foundation to personalize the customer experience.
Agencies update spring rulemaking agendas
The federal regulatory agencies this week announced updates to their spring rulemaking agendas for 2022. Among the CFPB’s priorities are ...
CFPB seeks feedback on consumers’ ability to obtain information from large institutions
The CFPB is seeking public feedback “related to relationship banking and how consumers can assert the right to obtain timely ...
CFPB Updates Rulemaking Agenda
The Consumer Financial Protection Bureau on Friday announced updates to its rulemaking agenda for fall 2021. The agenda is current ...
ABA Highlights Industry Progress to Help Customers Securely Share Financial Data
In a statement for the record shared ahead of a House Financial Services subcommittee hearing on consumer access to personal ...
Biden Order Calls for Movement on Data Access Rule, Review of M&A Rules
President Biden today issued a wide-ranging executive order on competition issues across the U.S. economy.
