FOR IMMEDIATE RELEASE
Austin, TX – October 30, 2023 – Adding to FedFis’ stable of regulatory agencies, The Consumer Financial Protection Bureau (CFPB) is the latest agency to select FedFis for actionable data & insights covering the financial institution, fintech vendor, Banking-as-a-Service (BaaS) and Embedded Finance verticals.
Recently, the CFPB has proposed advanced notice of rulemaking covering Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. More simply known as “1033,” the proposed legislation outlines a number of changes toward more accessible consumer data, advancing Open Banking in the U.S. The bureau has also done extensive work on Fair Credit, Payday Lenders, Chatbots, and a number of other segments exposing consumers to risk.
Dave Mayo, Founder & CEO of FedFis, said “We have a long history of helping regulatory bodies and are happy to add CFPB. This data is instrumental as we help to shape a new era in banking.”
About FedFis:
FedFis builds data solutions for the U.S. Banking and FinTech industry.
Blending public datasets (Call Report Financials, Branch, Demographics, M&A, Contact Data, etc.) with proprietary FedFis datasets (FinTegration Ecosystem©, FinTech Analytics©) and then applying advanced data science techniques, FedFis is able to deliver intelligent insights that represent Financial Institution and FinTech Data in its most brilliant form, and power the Bankers Helping Bankers (BHB) ecosystem including The BHB BaaS Association, FinTech Cowboys and The FedFis Roundup. It is the most complete end-to-end ecosystem for community bank-supportive technology companies. For more information visit www.FedFis.com
Media Contact:
Rachel Hernandez
Rachel@FedFis.com
