February 21, 2017

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FSR Response to CFPB Regarding Consumer Access to Financial Records

FSR Response to CFPB Regarding Consumer Access to Financial Records
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The Financial Services Roundtable (FSR) and its technology policy division, BITS, today responded to the CFPB’s request for information concerning consumers’ access to aggregated financial account and account-related data. In its response letter, FSR/BITS highlighted the importance of innovation and collaboration while outlining five core elements policymakers, market participants, and the Bureau should consider in assessing this evolving ecosystem.