American Banker7h
CFPB issues new fintech sandbox and no-action letter policy
The Consumer Financial Protection Bureau issued two separate policy statements on so-called "sandbox approvals," and "no ...
Faraday Future Highlights Faraday X: Here's What The EV Company Is Banking On After Stock Fell 90% In Past Year
Faraday Future stock is down over 90% in the past year. Could a plan to launch cheaper EVs and a new van help the turnaround ...
FedScoop11h
CFPB signs off on standard-setting body’s application for open-banking rule
Financial Data Exchange will set standards under the agency’s Personal Financial Data Rights rule, allowing consumers to ...
bankingdive15h
BlackRock wants FDIC to push back passivity agreement deadline to March
The asset manager’s head of U.S. regulatory affairs warned against “hastening the finalization of a completely new regulatory ...
CFPB authorises FDX as open banking standards setter in US
The move is part of the CFPB's Open Banking regulation that mandates companies to share financial data with authorised ...
fstech20h
Financial Data Exchange becomes first US Open Banking standard setting body
The US Consumer Financial Protection Bureau (CFPB) has recognised Financial Data Exchange (FDX) as the first Open Banking standard setting body in the country.
CFPB picks FDX to set open banking standards
The nonprofit will craft standards for consumer data sharing between financial institutions for the next five years.