FDATA North America and Allon Advocacy have appointed Dan Murphy, formerly of the Consumer Financial Protection Bureau (CFPB), to consult on Open Finance issues.
Murphy has experience on the policy, technical, and market considerations related to these issues, having spent the past three years working at the CFPB as Open Banking program manager, where he was part of the team that wrote the agency’s Section 1033 rulemaking.
Dan Murphy, former Open Banking program manager at the CFPB
FDATA North America confirmed that Murphy will be sharing his “perspectives and in-depth knowledge” with its members.
The CFPB finalised the Personal Financial Data Rights rule in October last year, under which, financial institutions, credit card issuers, and other financial providers will be required to “unlock” an individual’s personal financial data and transfer it to another provider at…
