Banks Say CFPB’s Data Access Rule Ratchets Up Liability Risks

January 31, 2023

American Banker, Jan. 30, 2023–Kate Berry (subscription)
Banks and credit unions are raising concerns about data security risks and oversight of third-party partners as the Consumer Financial Protection Bureau crafts rules around how much control consumers have over their own financial data.
https://www.americanbanker.com/news/banks-say-cfpbs-data-access-rule-ratchets-up-liability-risks