• E014 - David Nohe - Unpacking the CFPB's Rule 1033 on Open Banking

  • Nov 12 2024
  • Length: 42 mins
  • Podcast

E014 - David Nohe - Unpacking the CFPB's Rule 1033 on Open Banking

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  • Summary

  • We sit with David Nohe, CEO of FinGoal, to discuss the CFPB’s Rule 1033 on Open Banking and the implications it has for bank marketers.

    Timestamps:

    (00:00) David Nohe, CEO of Fingoal

    (01:59) The 101 on CFPB Rule 1033

    (09:32) Consumer consent

    (18:04) Future of subscription models

    (22:52) Funnel dynamics / friction

    (24:09) Credit bureau vs. open banking data

    (26:43) Why be concerned or optimistic

    (32:10) Banks' strategic opportunities

    (41:37) Wrap up and dinner bet

    Where to find Carlos:

    • LinkedIn
    • Twitter/X

    Where to find David Nohe:

    • LinkedIn
    • Twitter/X - @fingoaldavid

    References:

    Ten Take-Aways on 1033 for Community Bankers https://www.linkedin.com/pulse/ten-take-aways-1033-community-bankers-david-nohe-yo8cc/?trackingId=WR0OUVGdRGahil7tCSZ48w%3D%3D

    Find Us:

    Don't forget to subscribe to Affiliate Marketing for Lenders. If you’re interested in being a guest on the show (or if you have questions for a future episode), send me a note on LinkedIn, Twitter/X, or at carlos@newmarketgrowth.com.
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