CFPB says green light for FDX to issue open banking standards
The U.S. Consumer Financial Protection Bureau said Wednesday it approved an application from Financial Data Exchange ("FDX") ...
FDX Recognized by CFPB as a Standard-Setting Body, a Step Forward for Open Banking
SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- The Financial Data Exchange (FDX) is pleased to announce its official recognition by the Consumer Financial Protection Bureau (CFPB) as an industry ...
Digital Transactions17h
The CFPB Picks FDX for Oversight of U.S. Open Banking Standards
The CFPB recognized FDX as the standard-setting body under the bureau’s Personal Financial Data Rights rule. The final ...
JD Supra14h
CFPB Approves Financial Data Exchange as Open Banking Standard Setter
On January 8, the Consumer Financial Protection Bureau (CFPB) officially recognized Financial Data Exchange, Inc. (FDX) as ...
CFPB gives FDX green light to issue open banking standards
The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.
Le Lézard18h
Million-Dollar+ Home Sales in Texas Increased by 10% in 2024
The number of Texas homes that sold for $1 million or more from November 2023 to October 2024 was the second highest on ...
Le Lézard18h
Hearing Notice - CIRO to Hold a Settlement Hearing for Jacqueline Hodge
A hearing has been scheduled before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) pursuant to the Mutual Fund Dealer Rules to consider a settlement agreement entered into ...
JD Supra13d
CFPB Spotlights Illegal Credit Card Rewards Practices and Rolls Out Novel Consumer Tool
The CFPB focused on rewards programs that include redemption options from various merchants. If a merchant drops out of such a rewards program, the CFPB said, that could result in a UDAAP if the ...
Yahoo Finance10d
CFPB sues Zelle operator and 3 banks, alleging poor fraud safeguards
Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with three of its owner banks, Bank of America, JP Morgan Chase and Wells Fargo.
HR Dive8d
Walmart forced delivery workers to pay fees to access their earnings, federal agency alleges
The CFPB claims this led to workers paying more than $10 million in fees to transfer their earnings to an account of their choice. In an emailed statement, Walmart said the CFPB “rushed” its ...
USA Today23d
Consumers could see a $5 overdraft fee in 2025 under a final rule — or maybe, not
The CFPB said $5 is the estimated level at which most banks could cover costs associated with administering a courtesy overdraft program. The $5 is a bit higher than the $3 benchmark fee that had ...
USA Today22d
New CFPB tool aims to help consumers save money on credit cards and avoid rewards scams
To help consumers, the CFPB launched the Explore Credit Cards tool using open data so people can more easily make apples-to-apples comparisons about their credit card options. The tool provides ...