The Consumer Financial Protection Bureau, the bureaucratic brainchild of Sen. Elizabeth Warren (D-MA), has become a textbook ...
Open banking is changing the way finance providers assess credit and lending applications. It allows banks and lenders to access real-time financial data from customers, giving them a clearer picture ...
In comment letters on the Consumer Financial Protection Bureau's new rulemaking on personal financial data rights, consumers ...
The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of ...
Banks and fintechs aired their arguments regarding the federal agency’s proposed revision of a rule on sharing consumer data.
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 ...
A rapid transformation in consumer finance is being brought about by open banking—a pivotal innovation that allows consumers to give third parties real-time access to their detailed financial data.
Anyone who has attempted to import multiple sets of data into a spreadsheet knows how important it is for shared datasets to have common formatting standards. What's true for Microsoft Excel is even ...
Big banks challenge open banking rules and block digital asset access. Clear guidelines can protect innovation and consumer choice. Consumer data ownership will determine America’s fintech leadership.
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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Nearly 20% of Americans do not have a conventional credit ...