As the federal government considers 'resets' to a system connecting bank customer data to finance startups, critics fear ...

A proposal to exempt smaller banks from the data sharing regime would ease their cost burden, but critics say it would be a backward step for customer choice.

Open banking has been much hyped in recent years. But while markets like the U.K. and Australia have embraced open banking, its potential has yet to be fully realized in the U.S. It could be that 2024 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Fat Zebra says the acquisition puts it in a position to own ...

The Consumer Financial Protection Bureau (CFPB) finalized its “open banking” rule in late 2024. As required by Section 1033 of the Consumer Financial Protection Act, the CFPB promulgated the rule to ...

MBIE said that there were concerns under the unregulated system that some banks were charging fintechs too much for customer ...

Jodi Gardner is a board member of the Banking Ombudsman Service (BOS). This article is written in her academic capacity and does not reflect the views of BOS. Alexandra Andhov does not work for, ...

I have been writing for newspapers, magazines and online publications for over 10 years. My passion is providing, in a way that is easily accessible and digestible to all, the knowledge needed for ...