CFPB plans open banking rule in 2023

LAS VEGAS — The Consumer Financial Protection Bureau (CFPB) is planning to propose a new rule in 2023 requiring financial institutions to share consumer data upon consumers’ requests, CFPB Director Rohit Chopra said Tuesday at Money 20/20 in Las Vegas. As more financial institutions adopt open banking and data-sharing becomes the norm, a new rule […]

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