US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a long-awaited rule aimed at fueling more competition for financial products and services.| news.bloomberglaw.com
The Trump administration is poised to reopen a Biden-era rule allowing customers to share their sensitive bank data with third-party fintechs and potentially vacate it, according to multiple sources.| news.bloomberglaw.com
The Consumer Financial Protection Bureau and banking trade groups agreed to pause litigation over a Biden-era open banking rule while the agency decides whether to revoke it.| news.bloomberglaw.com
