In its motion for a summary judgment in a lawsuit challenging the regulation, the CFPB stated it has concluded that the Section 1033 Rule ...

On May 23, the U.S. District Court for the Eastern District of Kentucky received a status report from the defendants, the CFPB and Russell ...

The CFPB's Section 1033 rule will enable a financial services ecosystem based on consumer centricity with the potential to facilitate a more competitive and vibrant marketplace, writes Steve Boms.

Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...

The Consumer Financial Protection Bureau and Bank Policy Institute filed twin motions for summary judgement to strike down a ...

The Biden-era Consumer Financial Protection Bureau exceeded Congress’s intent when it used a mandate giving customers access ...

Banking groups argue that the rule, created under Section 1033 of the Dodd-Frank Act, was an overstep in the CFPB’s authority ...

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Section 1033 definitely has its proponents and detractors. “The US is now positioned on par with rest of the world when it comes to open banking” - Laurent van Huffel, CEO, OpenFinity.

That move bends to bank groups that filed a lawsuit last year to block the Consumer Financial Protection Bureau rule aimed at ...