CFPB Seeks Comments on Bank Fees as Consumer-Data Rule Reworked

The US Consumer Financial Protection Bureau is seeking answers to questions around bank fees and customer authorization as it reshapes a rule governing personal-finance information after JPMorgan ... Read More

Should banks charge data aggregators fees? The debate continues.

When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides. Read More

CFPB revamps 1033 open banking rule with new focus on fees

The Consumer Financial Protection Bureau has done an about-face on its open banking rule, issuing a new proposal seeking comment on whether banks can charge fees for data access and if third parties ... Read More

Stripe Slams JPMorgan Chase, Says Businesses and Consumers Will Suffer ‘Irreparable Harm’ From New Data Fees

Payments giant Stripe is asking US regulators to intervene with JPMorgan Chase after the bank introduced a new policy that charges fintech companies to access customer financial data. Read More

Stripe Urges Regulator to Block JPMorgan Fees for Accessing Consumer Data

Stripe has publicly urged the U.S. Consumer Financial Protection Bureau (CFPB) to block banks from imposing charges on access to customer financial data. The ... Read More

Exclusive: Democratic senators press big banks after Trump kills consumer protection rule that capped overdraft fees at $5

Sen. Warren (D-Mass.) and other senators sent letters to JP Morgan, Wells Fargo, and other banks about the Consumer Financial Protection Bureau rule. Read More

Cuts to CFPB staffing could complicate enforcement of Trump’s executive order on ‘debanking’

An executive order seeking to stop banks from discriminating against customers could be undermined by the administration’s gutting of the Consumer Financial Protection Bureau, which had been ... Read More