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

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.

The CFPB is planning to repeal its Section 1033 Open Banking Rule, according to a filing in a federal lawsuit challenging the rule. On the same ...

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

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.

The final rule on personal financial data rights under Section 1033 of the Dodd-Frank Act poses practical challenges for financial institutions likely to be considered “data providers” under ...

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