This morning, the Consumer Financial Protection Bureau announced at #Money2020 that it will launch the process this week to formalize rule making under Dodd-Frank Section 1033 that establishes personal financial data rights for Americans. We're excited that this takes us another step closer to an open finance ecosystem!
CFPB Director Rohit Chopra shared how this will help create a more open and competitive market: more choice, more innovation, etc: https://lnkd.in/gBQ_xXak
Check out our thoughts here: https://www.mx.com/blog/mx-applauds-white-house-and-cfpb-efforts-to-improve-financial-data-access/