The banking industry may need to spend hundreds of millions of dollars in the first year to set up protocols to access the new corporate-ownership information database, the U.S. Treasury Department ...

The CFPB must unequivocally state that consumers own their financial data and prohibit financial institutions from monetizing access to it. No one should dictate with whom consumers can share their ...

The American Fintech Council has issued a statement commenting on emerging barriers to consumer data access. The statement addresses the sector of Open Banking and providing consumer control over ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This seventh year of mandated open banking in the UK has been ...