Tag: unload

Banks and fintechs sell off on CFPB’s open banking plan

[ad_1] Financial institution and fintechs laid out their respective considerations to the Shopper Monetary Coverage Bureau in recently-filed remark letters regarding the bureau’s proposed open banking rule, with banks pronouncing compliance prices are too prime and fintechs pronouncing that the rule of thumb ignores the patron advantages of sharing non-public information with entrepreneurs. Bloomberg Information […]

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