Tags: Cancelling

CFPB Faces Backlash for Cancelling Open Banking Rule Crucial to FinTech Competition
RegTech (Regulatory Technology)

CFPB Faces Backlash for Cancelling Open Banking Rule Crucial to FinTech Competition

supportMay 27, 2025

The Consumer Financial Protection Bureau (CFPB) faces criticism from the Financial Technology Association (FTA) for planning to revoke the 1033 open banking rule, which allowed…

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