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Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.
November 30Currencycloud -
The CFPB's data-sharing guidance was widely applauded, but mistrust remains between banks and aggregators. Advocates want regulators to take action.
November 28 -
Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.
November 28Currencycloud -
While the Consumer Financial Protection Bureau was careful to note that the principles were not binding, the industry should still adopt the guidelines going forward.
November 1MX -
While the Consumer Financial Protection Bureau was careful to note that the principles were not binding, the industry should still adopt the guidelines going forward.
October 27MX -
The companies will use an application programming interface to let Chase customers send the data to the apps Finicity supports, including personal financial services apps and income verification tools.
July 11 -
By making it easier and safer to share data with third parties, Wells Fargo's Brett Pitts says he is strengthening the bank's relationships with customers.
June 7 -
Europe is debating whether to ban screen scraping, a practice that fintechs count on as a last resort. Innovation is at stake.
May 24 -
With the reversal of Obama-era rules requiring user consent for data collection, it is more important than ever for U.S. banks and fintechs to demonstrate a robust and consistent approach to data privacy.
April 17DemystData -
The battle over screen scraping seems to be subsiding into a series of agreements between banks and fintechs using open APIs.
April 4