FTA is Wrong: CFPB 1033 Rule is a Threat, Not a Boon, to Safe Financial Data-Sharing
July 30, 2025
July 30, 2025
WASHINGTON, July 30 [Category: Financial Services] -- The Bank Policy Institute issued the following news release:
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FTA is Wrong: CFPB 1033 Rule is a Threat, Not a Boon, to Safe Financial Data-Sharing
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The fintech industry's support for the CFPB's Section 1033 rule distorts the law and ignores the threat that the rule poses to consumers' sensitive data, The Bank Policy Institute, Kentucky Bankers Association and Forcht Bank . . .
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FTA is Wrong: CFPB 1033 Rule is a Threat, Not a Boon, to Safe Financial Data-Sharing
*
The fintech industry's support for the CFPB's Section 1033 rule distorts the law and ignores the threat that the rule poses to consumers' sensitive data, The Bank Policy Institute, Kentucky Bankers Association and Forcht Bank . . .