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Financial Data Exchange application for open banking standard setter recognition
Activity
National Retail Federation filed 1 comment on this docket between Oct 17, 2024 and Oct 17, 2024. 0 other organizations filed here. The comment window closed 650d ago.
What National Retail Federation filed (1)
Abstract
In June 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule (https://files.consumerfinance.gov/f/documents/cfpb_personal-financial-data-rights_final-rule_2024-06.pdf) outlining the qualifications to become a recognized industry standard-setting body, which can issue consensus standards that companies can use to help them comply with the CFPB’s Personal Financial Data Rights Rule. The rule states that when an organization applies for recognition, the CFPB may publish the application and seek public input. We are publishing for comment an application from the Financial Data Exchange. You may review the application and submit comments via this docket. For more information, visit https://consumerfinance.gov/personal-financial-data-rights/applications-for-open-banking-standard-setter-recognition/.
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