Forbes contributors publish independent expert analyses and insights. The Consumer Financial Protection Bureau (CFPB) issued a final rule to implement Section 1033 of the Consumer Financial Protection ...

SSBs are set to play a pivotal role in the open banking structure contemplated by the CFPB’s Final Rule. They are to be “fair, open and inclusive” industry bodies that meet specific requirements for ...

In a significant turn of events, the Consumer Financial Protection Bureau (CFPB or Bureau) has decided to initiate a new rulemaking process concerning its final rule on personal financial data rights ...

America’s financial system has always thrived on a delicate balance between innovation and security, freedom and fairness, and competition and consumer protection. That balance is what President ...

Imagine a world where managing your finances is as easy as a few clicks. In the U.S., this is a reality, thanks to its advanced banking system. Wondering what do you need to open a bank account? The ...

The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA, an advocate ...

Bank trade groups are asking a federal court to halt enforcement of the Consumer Financial Protection Bureau's open banking rule and extend compliance dates while the Trump administration writes a new ...

WASHINGTON — A group representing fintech companies has filed an opposing brief urging the court to allow the Consumer Financial Protection Bureau's open banking rule to go into effect while ...

Open banking is a critical part of modern fintech; it is the infrastructure that enables many of our beloved financial activities to be possible. For many years, your money was trapped in silos. If ...