31 Oct 25 @ 12:00
The US District Court for the Eastern District of Kentucky has issued an injunction halting enforcement of the Consumer Financial Protection Bureau’s (CFPB) Open Banking rule. This leaves banks, credit... read more
22 Oct 25 @ 16:05
The American Fintech Council (AFC) has entered the already muddy waters of the US Open Banking market, urging the CFPB to maintain the principles underpinning Open Banking and protect consumers’... read more
27 May 25 @ 12:15
The US Consumer Financial Protection Bureau (CFPB) is taking steps to dismantle one of the cornerstone policies of the Biden-era financial reform agenda: the 1033 Open Banking rule. In a... read more
19 May 25 @ 14:52
The US’ long-awaited Open Banking framework may be headed back to the drawing board, as the Consumer Financial Protection Bureau (CFPB) considers revoking or reworking its newly finalised rule under... read more
28 Mar 25 @ 10:59
The regulatory future of the Consumer Financial Protection Bureau (CFPB) remains in flux, but recent developments suggest a retreat from its more assertive stance on Buy Now, Pay Later (BNPL)... read more
05 Mar 25 @ 14:07
The Consumer Financial Protection Bureau (CFPB) has formally withdrawn its lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Early Warning Services (EWS), the entity responsible for operating the... read more
16 Jan 25 @ 11:00
Baring its now sharp teeth again, the Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, and its parent company, Capital One Financial Corp., accusing the bank... read more
08 Jan 25 @ 16:30
In a move that has shaken the US financial sector, the Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Zelle’s... read more
09 Dec 24 @ 17:32
In a significant legal move, Google has filed a lawsuit against the Consumer Financial Protection Bureau (CFPB), challenging the agency’s decision to supervise Google Pay. The case, filed in the... read more
23 Oct 24 @ 18:09
Its been a bad week for the CFPB…on the 21st October The Financial Technology Association (FTA), representing major BNPL (Buy Now, Pay Later) providers, filed a lawsuit against the US Consumer... read more
21 Oct 24 @ 18:02
The Financial Technology Association (FTA), representing major BNPL (Buy Now, Pay Later) providers, has filed a lawsuit against the US Consumer Financial Protection Bureau (CFPB) to block a new rule... read more
14 Dec 23 @ 15:57
The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more
08 Nov 23 @ 11:06
The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large... read more
24 Oct 23 @ 09:00
The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward Open Banking, where consumers would have control over data about their financial lives and would... read more
07 Jan 21 @ 18:07
A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority.... read more
17 Nov 25 @ 17:45
JPMorgan Chase has reached a series of landmark agreements with the fintech data aggregators that serve as the connective tissue of the Open Banking ecosystem, securing the right to charge... read more
07 Oct 25 @ 16:45
The long-running debate over “who should pay” for Open Banking has re-emerged, reignited by a series of developments in the US that could reshape the economics of data access. JPMorgan... read more
03 Sep 25 @ 16:02
Stripe has become one of the first major fintechs to formally oppose JPMorgan Chase’s Open Banking plans to charge fees for access to customer financial data, warning that the move... read more
26 Aug 25 @ 13:01
Visa has quietly shuttered its Open Banking business in the US, marking a significant retreat from a market where the rules of customer data access remain hotly contested. The decision,... read more
18 Aug 25 @ 16:38
The New York Attorney General has filed a high-profile lawsuit against Zelle, alleging that systemic security failings at the peer-to-peer (P2P) payments platform enabled fraudsters to steal more than $1... read more
23 Jun 26 @ 18:52
The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more
16 Jun 26 @ 18:17
Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more