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As reported on July 17, 2026 by Politico, the CFPB is preparing to release a new open banking rule after months of lobbying by banks, fintechs, and crypto firms over the pricing of consumer financial data access. The bureau is weighing a tiered model in which banks must provide some consumer data free of charge but may begin charging once data requests exceed defined thresholds. This prospective regulation will directly govern how bank-fintech data-sharing is priced and structured. For BaaS providers, the rule could impose new cost structures or revenue constraints on data-sharing arrangements with fintech partners.

Verified from source: The CFPB is preparing to unveil a new open banking rule governing access to customers' financial data. The proposal would require banks to provide some consumer financial data free of charge but allow them to begin charging above certain thresholds, following lobbying from Wall Street banks, fintech firms, and the crypto industry.