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Consultant role assumes Dan Murphy within FDATA North America's Open Finance sector

Open Finance matters now under the expert guidance of Dan Murphy, previously with the Consumer Financial Protection Bureau (CFPB), as he joins forces with FDATA North America and Allon Advocacy for his consultation role.

Open Finance consultant position filled by Dan Murphy at FDATA North America
Open Finance consultant position filled by Dan Murphy at FDATA North America

Consultant role assumes Dan Murphy within FDATA North America's Open Finance sector

In an exciting turn of events, Dan Murphy, a seasoned expert in Open Finance, has been appointed as a consultant for FDATA North America and Allon Advocacy. This new role will see Murphy providing expert guidance on regulatory and policy frameworks related to Open Finance, advising on consumer data access, financial data sharing standards, and related consumer protection issues.

Murphy's extensive background in Open Finance is well-documented. He spent the past three years working as the Open Banking program manager at the Consumer Financial Protection Bureau (CFPB), where he played a significant role in the development of the CFPB's Section 1033 rulemaking. More recently, he was part of the team that wrote the CFPB's Personal Financial Data Rights rule, which was finalized last October.

Under the Personal Financial Data Rights rule, financial providers will be required to transfer an individual's personal financial data to another provider at the consumer's request for free. This rule moves the US closer to a competitive, safe, secure, and reliable Open Banking ecosystem.

FDATA North America is set to benefit significantly from Murphy's perspectives and in-depth knowledge. Steve Boms, the founder and president at Allon Advocacy and the executive director of FDATA North America, has expressed his admiration for Murphy's intellect and thoughtfulness on consumer finance issues.

Both Murphy and Boms will be speaking at the upcoming Open Banking Expo USA on June 26. The event, which will take place at the Hilton Midtown in New York, promises an insightful agenda, speaker line-up, and ticket information, all of which can be found online.

Murphy's new consultancy role also includes taking on part-time advisory clients, including Steve Boms and his clients at Allon Advocacy, LLC. This partnership is expected to help these organizations navigate the evolving regulatory environment to promote open banking and open finance initiatives. Murphy has always been impressed by the depth of knowledge on policy and the dedication of Allon Advocacy, LLC to making Open Banking work.

In a recent LinkedIn post, Murphy announced his next part-time adventure, hinting at his new role with FDATA North America and Allon Advocacy. As this specific information is not contained in the provided search results, this explanation is an informed inference rather than a citation from current external sources. For precise and official details on his consulting role, you might consider checking FDATA North America or Allon Advocacy's official communications or Dan Murphy’s professional profiles directly.

  1. Dan Murphy's new consultancy role with FDATA North America and Allon Advocacy will leverage his expertise in Open Finance, as he previously worked on the CFPB's Section 1033 rulemaking and the Personal Financial Data Rights rule.
  2. At the upcoming Open Banking Expo USA on June 26, Dan Murphy and Steve Boms, the founder and president of Allon Advocacy and the executive director of FDATA North America, will share their insights on Open Banking and Open Finance.
  3. In his new consultancy role, Dan Murphy will provide guidance to Steve Boms and his clients at Allon Advocacy, LLC, helping them navigate the evolving regulatory environment related to Open Banking and Open Finance.

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