Forcht Bank, NA et al v. Consumer Financial Protection Bureau et al

  1. July 24, 2025

    Fintech Orgs. Urge Trump Admin To Back Open Banking Rule

    A coalition of fintech and crypto industry groups on Thursday called on the Trump administration to defend the open banking rule in an ongoing legal challenge after the Consumer Financial Protection Bureau sided with banking trade groups to argue the data-sharing mandate exceeded its authority.

  2. June 30, 2025

    Fintech Group Goes To Bat For CFPB's Open Banking Rule

    A top fintech trade group has fired back in defense of a Biden-era open banking rule that bank groups and the Consumer Financial Protection Bureau want struck down in Kentucky federal court, accusing them of twisting the law in a flawed effort to kill off the regulation.

  3. June 02, 2025

    CFPB, Banks Move In For Kill Of Biden-Era Open Banking Rule

    The Consumer Financial Protection Bureau and a coalition of banking trade groups have separately pushed to toss the agency's Biden-era open banking rule, with the CFPB now contending the data-sharing mandate exceeded its legal authority and the banks calling the regime burdensome, irrational and unlawfully vague.

  4. May 23, 2025

    CFPB Calls Open Banking Rule 'Unlawful' In Pivot Against It

    The Consumer Financial Protection Bureau signaled Friday that it will now seek to vacate its Biden-era open banking rule, siding with the banking industry in an ongoing legal challenge to the rule even as a major fintech industry group is pledging to keep defending it.

  5. May 14, 2025

    Fintech Group OK'd To Defend CFPB Open-Banking Rule

    Fintech industry group the Financial Technology Association received the green light on Wednesday to defend the Consumer Financial Protection Bureau's open banking rule in an ongoing legal challenge from the banking industry.

  6. March 27, 2025

    Fintech Group Reups Bid to Defend CFPB Open Banking Rule

    A fintech trade group has renewed its request to defend the Consumer Financial Protection Bureau's open banking rule from a challenge launched by a group of banks after the parties in the suit agreed to pause the suit to give the CFPB's new leadership time to review what it wants to do with the Biden-era measure.

  7. February 26, 2025

    Banks' Fight Over CFPB Open Banking Rule Put On Pause

    A Kentucky federal judge agreed Tuesday to pause a banking industry challenge to the Consumer Financial Protection Bureau's open banking rule, giving the agency's new leadership time to review what it wants to do with the Biden-era measure.

  8. February 12, 2025

    Fintech Group Wants To Defend CFPB's Open Banking Rule

    Fintech industry group the Financial Technology Association on Wednesday filed to defend the Consumer Financial Protection Bureau's open banking rule in an ongoing challenge from the banking industry since the agency's own defense of the rule is uncertain in the wake of Trump administration shake-ups.

  9. January 01, 2025

    What Banking Attorneys Are Watching In The Courts In 2025

    Lawsuits pushing back on novel state-level consumer protection laws and a host of Biden-era Consumer Financial Protection Bureau regulatory actions are top of mind for financial services attorneys heading into the new year. Here, Law360 previews what's on tap. 

  10. October 22, 2024

    CFPB's Open Banking Rule Flops With Industry, Lands In Court

    Banks will face new requirements to make account data freely available for consumers to share with fintech firms and other competitors under a long-awaited rule that the Consumer Financial Protection Bureau unveiled Tuesday, drawing an immediate industry legal challenge seeking to block it.