The court reasoned that Section 1033 authorizes banks to provide data to consumers and fiduciary-type representatives, not to commercial third parties such as fintech companies. It also explained that ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
As promised, the CFPB is issuing an Advance Notice of Proposed Rulemaking soliciting comments on the agency’s open banking rule. In the notice, scheduled to be published in the Federal Register on ...
Fifth Third Bancorp's nearly $11 billion proposed acquisition of Comerica — the largest bank deal announced in 2025 — may be the latest example of the ripple effects from the stunning collapse of ...
The CFPB published an advanced notice of proposed rulemaking (ANPR) on Aug. 22, 2025, seeking comments and data to aid in the agency's reconsideration of its Section 1033 Open Banking Rule. This ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The CFPB alleges that when Synapse filed for bankruptcy ...
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Comerica faced pressure to sell, as Trump administration gives green light to bank dealsThe wild excitement that's been building at Comerica Park in Detroit this baseball season for the Detroit Tigers is a far, far cry from the frustration that Wall Street investors have had with ...
The Consumer Financial Protection Bureau (CFPB) has prematurely ended its oversight of Apple and U.S. Banks. Both firms agreed on a settlement plan to fulfill their financial obligations and end the ...
Embedded finance and real-time payments are two of the most important trends in banking, creating a need for a vision that connects emerging technology to specific business strategies. "Embedded ...
Fair Finance Watch has filed an early objection to Fifth Third Bancorp’s proposed $10.9 billion acquisition of Comerica, urging the Federal Reserve to hold public hearings and extend the review period ...
Fifth Third Bancorp on Monday announced plans to buy Comerica Inc. for $10.9 billion in stock, in what would be the biggest regional-bank merger in years, as financial institutions look to bulk up to ...
The Cincinnati-based banks says Fifth Third will be available in 17 of the 20 fastest-growing markets across the country after the transaction closes. Cincinnati-based Fifth Third Bank is acquiring ...
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