CFPB recognizes FDX as open banking standard-setting body
The CFPB announced it has officially recognized the Financial Data Exchange as a standard-setting body under the bureau’s financial data-sharing ...
Tag: Customer data access
White House unveils cybersecurity labeling program for internet-connected devices
The Biden administration announced the official launch of the U.S. Cyber Trust Mark program, a voluntary cybersecurity labeling program for ...
Podcast: Opportunities in the Congressional Review Act, the ‘other CRA’
The rarely used Congressional Review Act provides an opportunity for Congress and the president to overturn regulatory rulemakings — and ...
CFPB proposes new requirements for data brokers
The CFPB proposed a new rule to expand existing federal protections for consumer data to certain activities by data brokers.
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 ...
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 ...
