Tag: rule
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FTC to hold January hearing on ‘click to cancel’ rule
FTC to Hold January Hearing on ‘Click to Cancel’ Rule The Federal Trade Commission (FTC) has announced that it will be conducting a hearing in January to address the highly debated “click to cancel” rule. With the increasing prevalence of subscription-based services across various industries, this rule is aimed at providing consumers with a simplified…
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CFPB proposes Open Banking rule in the US
Open Banking, the growing global trend that aims to increase consumer choice, competition, and innovation in the financial services industry, could be a reality in the United States sooner than expected. The Consumer Financial Protection Bureau (CFPB) has recently proposed a new rule that would require banks to share consumer financial data securely and with…