Latest updates for Consumer-Driven Banking Act

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Recent items include:

  • Canada’s proposed Consumer-Driven Banking Regulations: What do we know?
  • FDATA proposes model to ensure smaller fintechs can participate in Open Banking in Canada
  • Chris Reader: Congress never intended to fuel industry monetizing bank data

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openbankingexpo.com /2 weeks ago

Canada’s proposed Consumer-Driven Banking Regulations: What do we know?

The Canadian Government has published proposed Open Banking regulations, along with a 60-day comment period, to support the implementation of the Consumer-Driven Banking Act. Sourc...

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openbankingexpo.com /1 month ago

FDATA proposes model to ensure smaller fintechs can participate in Open Banking in Canada

The Financial Data and Technology Association has submitted a formal proposal to the Department of Finance and Bank of Canada recommending the creation of a Sponsored Fintech Model...

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jsonline.com /1 month ago

Chris Reader: Congress never intended to fuel industry monetizing bank data

By restricting how banks recover costs associated with data access, open banking rule risks overlooking real and ongoing investments required for security, infrastructure, complian...

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natlawreview.com /1 month ago

FDIC Proposes AML and Sanctions Rule for Permitted Stablecoin Issuers

On May 22, 2026, the Federal Deposit Insurance Corporation (FDIC) released proposed rules to implement Bank Secrecy Act (BSA) and sanctions compliance standards applicable to FDIC-...

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wdel.com /1 week ago

Take these to the bank: financial regulation reform measures become law

Delaware's framework for financial regulation gets its most significant update in more than 40 years.

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crypto.news /3 weeks ago

Why the banking industry is fighting a crypto bill

The American Bankers Association sent 8,000 letters to fight one CLARITY Act provision. The reason: stablecoin yield threatens the bank deposit itself.

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finextra.com /1 month ago

CFPB orders Bilt to pay customers that lost out during transition to new banking partner

The CFPB has been working to ensure consumers affected by Bilt’s transition to a new bank partner are appropriately remedied.

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finextra.com /1 month ago

Durbin-Regulated VS Unregulated. Cutting IC by 95% for debit cards.

Durbin Amendment is unironically one of the most interesting phenomena that I have encountered in my...

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legaltechmonitor.com /2 weeks ago

FDIC Eyes Major Cutbacks to Living Wills and Deposit Insurance Charges

The Federal Deposit Insurance Corporation has proposed a notable pullback in two areas that have shaped large-bank compliance since the post-2008 reform era: resolution planning an...

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nbcdfw.com /1 month ago

Trump orders banks to take closer look at clients' citizenship in immigration move

President Donald Trump on Tuesday signed an executive order that requires banks to take a closer look at the citizenship of their customers, a new measure in his administration’s p...

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natlawreview.com /1 month ago

FDIC Proposes AML and Sanctions Standards for Stablecoin Issuers

On May 22, the FDIC approved a proposed rule establishing Bank Secrecy Act (BSA) and sanctions compliance standards for certain FDIC-supervised permitted payment stablecoin issuers...

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finextra.com /1 month ago

Durbin-Regulated VS Unregulated. Cutting IC by 95% for debit cards. (Konstantin Dubovitskiy)

Durbin Amendment is unironically one of the most interesting phenomena that I have encountered in my...

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finextra.com /1 day ago

LEAPFROGGING THE LEGACY: How Agentic AI Orchestration is Rewriting Retail Banking CX for Gen Z (Srini Bala)

Executive Summary: For large institutions navigating complex consumer banking modernization programs...

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cointelegraph.com /2 days ago

ABA, state banking groups push back on CLARITY Act stablecoin yield provisions

ABA and state banking associations published a joint letter calling for more detail on the CLARITY Act’s stablecoin yield provisions, ahead of the bill’s House hearing on Friday.

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legaltechdaily.com /2 weeks ago

FDIC Eyes Major Cutbacks to Living Wills and Deposit Insurance Charges

The Federal Deposit Insurance Corporation has proposed a notable pullback in two areas that have shaped large-bank compliance since the post-2008 reform era: resolution planning an...

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news.bitcoin.com /1 month ago

FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers

The FDIC advanced a proposed rule that would set Bank Secrecy Act and sanctions compliance standards for bank-linked stablecoin issuers. The measure would apply to FDIC-supervised...

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paymentsdive.com /2 weeks ago

Lawmakers spar over payment rails

House members on Wednesday debated the Payments Access and Consumer Efficiency Act, which would expand Federal Reserve services access.

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regulationtomorrow.com /1 month ago

FCA PS26/8: Retail banking business models data

On 29 May 2026, the Financial Conduct Authority (FCA) published Policy Statement 26/8: Retail banking business models data (PS26/8). Background In January 2026, the FCA consulted o...

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finextra.com /1 week ago

Banking Needs a New Operating Model (Mahesh Paolini-Subramanya)

Banking is a bout to take another wild turn. For the last decade or so, banks have been on this so-...

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finextra.com /1 month ago

The Future of Banking Will Be Representation-Aware (Raktim Singh)

Why AI, Governance, Trust, and Institutional Legibility Will Define the Next Phase of Financial Serv...

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regulationtomorrow.com /1 week ago

FCA publishes examples of good and poor practice in relation to the provision of basic bank accounts

On 7 July 2026, the Financial Conduct Authority (FCA) published findings from mystery shopping with Basic Bank Account (BBA) providers. Background The FCA highlights that BBAs prov...

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paymentsjournal.com /3 weeks ago

Are Banks Fully Unlocking Their Data Gold Mine?

Financial institutions are sitting on vast reservoirs of customer and transaction data—but for many, that data still behaves more like scattered archives than a strategic asset. As...

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finextra.com /1 month ago

Community Banks and the Existential Gap in Consumer Lending (Yaacov Martin)

For decades, community banks defined themselves by their ability to serve local households and small...

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paymentsjournal.com /2 weeks ago

The Dilemma Facing Financial Institutions: Aggregate or Be Aggregated

Many consumers have a mortgage at one bank, a credit card at another, and retirement accounts elsewhere. Amid this fragmented financial picture, it would seem that external account...

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Sources covering Consumer-Driven Banking Act

cointelegraph.com

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crypto.news

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news.bitcoin.com

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finextra.com

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finextra.com

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legaltechdaily.com

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