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Date and time of session will be publish after September 30, 2024
Title:
Unlocking Opportunities with CFPB's Section 1033: Compliance, Innovation, and Monetization Strategies for Financial Institutions
Description:
CFPB's Section 1033 in-flight regulation for Personal Financial Data Rights is paving the way to regulated open banking in the US.
Although financial institutions may need to make a significant upfront investment in building their APIs, there is a tremendous opportunity that can be unlocked from open banking in innovative ways to serve customers and new revenue models.
This session covers:
The requirements for Section 1033 compliance
Options for financial institutions to meet Section 1033 requirements
Monetization through innovative use cases
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