Open banking is revolutionizing financial services by enabling secure data exchange between banks and third-party providers. The European Union’s Revised Payment Services Directive (PSD2) played a ...

The authors write "This article summarizes recurring issues and compliance considerations for Data Providers as they grapple with implementation under the Rule and practical recommendations for ...

Imagine a rule that forced banks to hand over your bank account credentials and sensitive transaction information to third parties with no guarantee of security, and all for free. It’s no fantasy–this ...

The banking sector is changing fast, with policymakers, industry leaders and consumers figuring out how to grapple with the benefits and risks of an increasingly interconnected financial ...

The Consumer Financial Protection Bureau has done an about-face on its open banking rule, issuing a new proposal seeking comment on whether banks can charge fees for data access and if third parties ...

Fintechs are actively fighting to implement the CFPB's open banking rule The open banking rule is a central point of contention between fintechs and traditional banks The current litigation stems from ...

As digital payment technologies continue to advance, pay by bank and open banking are transforming the global financial landscape. These innovations are reshaping how businesses and consumers transact ...

Businesses and consumers are increasingly transitioning to cashless or cash-light transactions, driven by the growing adoption of remote and online payment solutions. According to American Bankers ...

Learn how double leverage works within bank holding companies, its implications for financial risk, and real-world examples ...