A new regulatory rule finalized this month by the Consumer Financial Protection Bureau aims to reduce that hassle and make it easier, more secure and always free for customers to switch accounts ...

The CFPB unveiled the final version of its open banking rule, ... A new rule could make it easier to switch your bank. (Guess who hates it.) Jordan Weissmann. October 27, 2024 at 1:11 PM.

The rule is part of a push for an "open banking" system in the U.S., the CFPB said, where it is easier for customers to switch banks after shopping around for better service, ...

New rule may make it easier to switch banks and transfer your financial data, but there is already legal pushback By Jeanne Sahadi , CNN 5 minute read ...