CFPB begins overhaul of highly contested ‘open banking’ regulations on customer data

The U. S. Consumer Financial Protection Bureau (CFPB) has begun the process of rewriting its “open banking” regulations. As expected, the policy debate, which has been ongoing for a while and has banks and fintech companies at loggerheads, isn’t ending anytime soon, at least, not until the overhaul is complete. The decision to start a do-over […] source: https://www.cryptopolitan.com/cfpb-overhaul-open-banking-regulations/