CFPB seeks comments on bank fees as consumer-data rule reworked
A new final rule is likely to take several years to complete
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 Chase & Co. proposed charging outside parties to access the data. The CFPB is asking stakeholders — banks, financial-technology companies, data aggregators and other interested parties — to […]
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