SuffolkLITLab on Nostr: TL;DR: The CFPB has finalized new 'open banking' regulations, allowing consumers ...
TL;DR: The CFPB has finalized new 'open banking' regulations, allowing consumers greater control over their financial data and promoting competition among banks and fintech companies. While some welcome the privacy protections, others worry about security risks and the limits on data use.
https://www.fastcompany.com/91214217/consumer-data-cfpb-open-banking-rules #law #tech #legaltech ⚖️ 🤖 #autosum
Published at
2024-10-22 20:56:09Event JSON
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