Below are five indicators that Open Banking data may not be telling the full story. When Open Banking data is ingested ...

Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...

The CFPB recently published an Advance Notice of Proposed Rulemaking (ANPR) to reconsider four key issues related to its “Personal Financial Data Rights” rules, which were finalized at the end of 2024 ...

Imagine a rule that forced banks to hand over your bank account credentials and sensitive transaction information to third parties with no guarantee of security, and all for free. It’s no fantasy–this ...

WASHINGTON, Aug 21 (Reuters) - The U.S. Consumer Financial Protection Bureau on Thursday kicked off a do-over of its "open banking" regulations governing consumer control over the sharing of their ...

The Consumer Financial Protection Bureau has done an about-face on its open banking rule, issuing a new proposal seeking comment on whether banks can charge fees for data access and if third parties ...

Crypto and fintech groups are urging Trump to defend open banking rules, warning the case could affect access to wallets, DeFi apps, and stablecoins. A coalition of trade groups representing the ...

America’s financial system has always thrived on a delicate balance between innovation and security, freedom and fairness, and competition and consumer protection. That balance is what President ...

Rent-seeking banks looking to profit from their monopoly on access to customer data can't be allowed to stymie the development of open banking in the U.S., writes James McAndrews. America has an ...