We applaud the CFPB’s decision to request a stay in this open‑banking litigation and reconsider the rule—an important step toward safeguarding consumers’ freedom to choose financial tools and control their data. Thank you @FintechAssoc for leading on this critical issue!
Financial Technology Association
Financial Technology Association30.7.2025
🚨 Today, the Consumer Financial Protection Bureau filed a motion requesting a stay in the Forcht NA vs. CFPB #openbanking case. The CFPB also indicated today that it plans to reopen and revise the rule. 1/
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