Join us for an insightful webinar on the CFPB’s new rule under Section 1033 of the Dodd-Frank Act, which enhances consumer rights, privacy, and security over personal financial data, and accelerates the shift to open banking in the U.S. This landmark rule empowers consumers to access and share their financial data, fostering competition and innovation in the financial services market.
We’ll cover key aspects of the rule, including who and what is covered, consumer benefits like seamless switching and potentially better rates, the challenges and opportunities the rule presents for different market participants, major changes from the proposed rule, and compliance timelines. Don’t miss this opportunity to understand how these changes will shape the future of open banking.
Presenters
Christopher K. Friedman, Partner
Mike G. Silver, Partner
Who Should Attend
This webinar will be beneficial to professionals in the financial services sector who work with consumer financial data. This includes representatives from medium-to-large-sized banks and credit unions, non-bank lenders, small-to-medium-sized business finance companies, payment app providers, and other service providers in the financial services industry. Additionally, companies offering underwriting and loan analytics solutions will find this session particularly helpful.
Continuing Education Credit
This program is pending approval for Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, Tennessee, Texas, and Wisconsin continuing legal education credit.
Did You Miss the Webinar?
The webinar recording is available after the event date. Simply register using this on-demand link to access the recorded program.