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Have you heard about the CFPB's move to require open banking? It seems like a step in the right direction. https://www.consumerfinance.gov/about-us/newsroom/cfp
by hathawsh 4y ago
Have you heard about the CFPB's move to require open banking? It seems like a step in the right direction. https://www.consumerfinance.gov/about-us/newsroom/cfpb-kicks-off-personal-financial-data-rights-rulemaking/ https://www.consumerfinance.gov/about-us/newsroom/cfpb-kicks...
There are complications, naturally: https://news.bloomberglaw.com/banking-law/small-banks-urge-cfpb-to-phase-in-open-banking-tech-requirements https://news.bloomberglaw.com/banking-law/small-banks-urge-c...