Category: Policy and Regulation
CFPB Targets Digital Payment Privacy: Strengthening Consumer Protections in the Digital Age
The Consumer Financial Protection Bureau (CFPB) is seeking public feedback to improve protections for users of digital payment systems outside traditional banking. This initiative focuses…
Unlocking Private Finance: The Impact of Mainstream Biodiversity on Investment Strategies
Anita de Horde, co-founder of the Finance for Biodiversity Foundation, emphasized the urgent need to transition from philanthropy to sustainable financing for biodiversity initiatives in…
EBA Unveils Comprehensive Final Guidelines for Effective ESG Risk Management
Financial institutions are increasingly focusing on ESG (Environmental, Social, and Governance) risks, guided by new protocols to effectively identify, manage, and monitor these risks in…
European Court of Auditors Raises Red Flags on EU Price Interventions in Card Market
Between 2017 and 2023, EU digital payments for retail sales more than doubled, surpassing €1 trillion, crucial for the internal market and cross-border transactions. A…
CFPB Approves FDX to Launch Open Banking Standards: A New Era in Financial Innovation
In October, the Consumer Financial Protection Bureau (CFPB) launched its Personal Financial Data Rights rule, requiring financial institutions to provide consumers easy access to their…
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