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The March Toward Greater Transparency and Trust in Open Banking
By: Primax Since the release of the Consumer Financial Protection Bureau’s (CFPB’s) Personal Financial Data Rights rule, commonly referred to as Rule 1033, the financial services industry has been closely monitoring the impacts on an open banking ecosystem that is already market-led. A major moment came on July 29 when the court granted the CFPB a stay, pausing the ongoing litigation with the Bank Policy Institute (BPI). CFPB indicated substantial revisions would be made to Rule 1033 to address concerns raised by stakeholders and an advance notice of proposed rulemaking (ANPR) would be...
Primax Payments Pulse: Part 2 – End of Holiday Season Saw Uptick in Spending
By: Brian Scott, SVP and Chief Growth Officer As the 2022 holiday shopping season drew to a close,...
Five Influences on 2023 Banking and Payments
By: Chris Joy, Principal, Advisors Plus Consulting Now that we have closed out 2022, a very active...
Primax Payments Pulse: Part 1 – Choice, Variety and Convenience Drive Consumer Payment Methods
By: Brian Scott, SVP and Chief Growth Officer The payments landscape continues to evolve rapidly...
Primax Payments Pulse
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