Two financial industry groups say proposed consumer financial data rules don’t go far enough. The Clearing House Association and the Bank Policy Institute submitted recommendations to the Consumer Financial Protection Bureau (CFPB) on Friday in response to a proposed rule governing how banks, data aggregators and...
The debate over medical payment products — and, by extension, consumer choice — is sharpening between banks, innovators and regulators. To that end, the Bank Policy Institute (BPI) and Consumer Bankers Association (CBA) sent a letter Monday (Sept. 11) to the Consumer Financial Protection Bureau...
The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000. Although that would cover around 85 percent of the loans, it would only cover about 26 percent of PPP loan...
January 02, 2024
Two financial industry groups say proposed consumer financial data rules don’t go far enough. The Clearing House Association and the Bank Policy Institute submitted recommendations to the Consumer Financial Protection Bureau (CFPB) on Friday in response to a proposed rule governing how banks, data aggregators and other third parties can share consumer financial data. In a […]
June 03, 2020
The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000. Although that would cover around...
