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August 5, 2024
On the web
CBA, Bank Policy Institute Call on CFPB to Rescind Buy-Now-Pay-Later Rule
Financial Regulation News
"The Consumer Bankers Association and Bank Policy Institute are calling on the Consumer Financial Protection Bureau to rescind a rule that would regulate buy-now-pay-later providers. While the CBA and Bank Policy Institute support much of the substance of the rule, they argue that the rule has procedural shortcomings and violates the Administrative Procedure Act."
January 3, 2024
On the web
BPI and TCH Call for Stronger Consumer Financial Data Rules for Aggregators and Big Tech
The Clearinghouse
"The Clearing House Association and Bank Policy Institute (BPI) and submitted recommendations to the Consumer Financial Protection Bureau (CFPB) in response to a proposed rule establishing how banks, data aggregators and other third parties can safely share consumer financial data."
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