Deep Dive: CFPB's Section 1033 Pause On Open Banking
🎥 In our latest Deep Dive video, President & CEO Brandie Thacker, AAP, CAE, explores what the pause of the Consumer Financial Protection Bureau’s (CFPB) Section 1033 open banking mandate means for financial institutions.
- Why it matters: The court-ordered pause delays compliance deadlines, but financial institutions remain exposed to data security, vendor risk and liability issues tied to non-Application Programming Interface (API) data access.