Data sharing

Several fintechs are testing apps that let customers gain more say over how third parties use their data — and hope to one day be able to give them the power to revoke access to it entirely.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

Though it became official in January in the U.K., most people there don't know what it is, according to a new survey that offers many insights for U.S. banks.

Data regulations pressure small banks and credit unions, which could benefit from a pro-innovation regulatory environment, according to Stephen Menon, vice president of product at Finn AI.

Schwark Satyavolu, original co-founder of Yodlee and current venture capitalist at Trinity Ventures, shares his opinion on how consumer data sharing is evolving.

Policymakers have called for streamlined disclosures for customers granting third parties access to their financial account data. They don’t have to look far for a potential solution.

Policymakers have called for streamlined disclosures for customers granting third parties access to their financial account data. They don’t have to look far for a potential solution.

Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.

A recent study concluded there are first-mover benefits for banks that embrace open banking. But many executives see its risks instead.