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

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.