The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint ...

Sharing financial data can be complex and risky. Citizens Bank has introduced an open banking tool meant to help businesses securely share data.

Forbes contributors publish independent expert analyses and insights. Pam Kaur covers fintech and bank tech innovation and regulation. For years, data privacy in ...

Life in the United States and most modern industrialized countries is driven primarily by data. Google alone processes 20 Petabytes of data every day (1 petabyte = 1 million gigabytes). 1 Economies ...

As it works to determine how to safeguard the sharing of and access to consumer financial data, the Consumer Financial Protection Bureau (CFPB) faces a clear choice. It can allow market-based ...

Banking industry publications are awash in trends for 2025 from industry pundits. But it's more intriguing to look around the corner—a three-to-five-year horizon—to gauge preparedness for fundamental ...

In the latest episode of CryptoCounsel, Frank is joined by his Wiley colleague Duane Pozza for a deep dive into open banking with guest Steve Boms, Founder and President of Allon Advocacy and ...

The Consumer Financial Protection Bureau has finalized its personal financial data-rights rule aimed at governing the sharing of consumer data through open banking. The new rule, released early ...

Open Banking has expanded access to customer transaction data at scale. More than 13 million people across the UK now use Open Banking-enabled services, and adoption continues to rise across financial ...

UK SME lending has fallen 20% in real terms over the past decade, leaving a £22bn funding gap. Traditional credit data and manual processes keep viable firms locked out of finance. Open Banking gives ...

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 ...