News & Analysis as of

Consumer Financial Protection Bureau (CFPB) Banking Sector Consumer Privacy Rights

K&L Gates LLP

Overview of the CFPB's Proposed Open Banking Rule and Final Industry Standard Setting Rule

K&L Gates LLP on

The financial services and banking industry landscape continues to evolve in the face of new and emerging technologies. This phenomenon is especially prevalent in the sharing of consumer data between financial institutions...more

Goodwin

CFPB Highlights Risks Arising from Chatbot Usage in Banking Industry

Goodwin on

On June 6, 2023, the Consumer Financial Protection Bureau (CFPB) issued a Spotlight on financial institutions’ growing use of “chatbots” as a means to provide cost-effective customer service. The use of chatbots in...more

Hudson Cook, LLP

Time to Pull Out the Trusty Old Crystal Ball

Hudson Cook, LLP on

Eric Johnson, Patty Covington, and Nikki Munro located the old crystal ball, dusted it off, and looked intently at it to come up with auto sales, finance, and lease predictions for this year. Here's what they saw. ...more

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