# 2025-00811: Government Finally Asks: Who's Getting Rich Off Your Starbucks Purchases?

2025-00811, Request for Information Regarding the Collection, Use, and Monetization of Consumer Payment and Other Personal Financial Data, is a Federal Register notice from an unnamed agency published 2025-01-15, effective 2025-04-11; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-00811
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-00811
- Title: Request for Information Regarding the Collection, Use, and Monetization of Consumer Payment and Other Personal Financial Data
- Type: Notice
- Agencies: unknown
- Citation: unknown
- Published: 2025-01-15
- Effective: 2025-04-11
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Government Finally Asks: Who's Getting Rich Off Your Starbucks Purchases?

## Summary

The Consumer Financial Protection Bureau wants to hear from you about how companies collect, use, and make money from your payment and personal financial data. This is all about protecting your info and making sure businesses play fair. If you have thoughts, share them by April 11, 2025, so the CFPB can shape smarter rules that keep your money info safe and sound.

## Abstract

The Consumer Financial Protection Bureau (CFPB) is seeking comments from the public to better understand how companies that offer or provide consumer financial products or services collect, use, share, and protect consumers' personal financial data, such as data harvested from consumer payments. The submissions in response to this request for information will serve to assist the CFPB and policymakers in further understanding the current state of the business practices at these companies and the concerns of consumers as the CFPB exercises its enforcement, supervision, regulatory, and other authorities.

## Effects PRIA read

- Massive Data Collection by Payment Apps: cost, high. The CFPB found that some payment products routinely collect over one thousand data fields about users, and one product collects tens of thousands of fields. These collections can include biometric information, geographic location, device ‘‘fingerprinting,’’ contact details, and SKU-level purchase d…
- CFPB May Revise Regulation P Privacy Rules: benefit, medium. The CFPB is gathering information to decide whether to update Regulation P and the GLBA-related model privacy form, in part responding to a GAO recommendation. The CFPB explicitly seeks public comments to inform any potential updates and is accepting comments through April 11, 2025.
- Low Consumer Awareness and Opt-Out Rates: cost, medium. Surveys cited in the notice show low consumer awareness that fintech apps use third parties (about 20% aware) and that fintech apps can sell personal financial data (about 24% aware). The CFPB also cites surveys where 89%–94% of respondents said they value restrictions on banks sharing data, indica…

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## Sources
- [2025-00811 on federalregister.gov](https://www.federalregister.gov/documents/2025/01/15/2025-00811/request-for-information-regarding-the-collection-use-and-monetization-of-consumer-payment-and-other)
- [2025-00811 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-01-15/pdf/2025-00811.pdf)

## Related
- [Previous: 2025-00810, Exemption From Certain Prohibited Transaction Restrictions Involving Boilermake…](https://policyrisk.com/federal-register/2025-00810)
- [Next: 2025-00812, Exemption From Certain Prohibited Transaction Restrictions Involving UBS AG (UB…](https://policyrisk.com/federal-register/2025-00812)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-00811 (as of 2026-06-08).