1) An academic study titled “Open data and API adoption of US Banks” which equates the use of APIs with open banking, and 2) a Pymnts article titled “46% of US Consumers Say They’re Ready for Open ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. After the financial crisis, there was a recognition that ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued its long-anticipated Open Banking Rule (the Open Banking Rule) under Section 1033 of the Dodd-Frank Act, fundamentally ...

In a move that has been a long time in the making, the Consumer Financial Protection Bureau (CFPB) has finalized its comprehensive open banking rule. The rule implements Section 1033 of the Dodd-Frank ...

Rohit Chopra, director of the Consumer Financial Protection Bureau. On Tuesday, the Consumer Financial Protection Bureau finalized a long-awaited rule that promises to enable consumers to better ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

The Trump administration is doing away with a regulation designed to promote data sharing between banks and third parties. But for Citizens, the move isn't hindering its bullishness on the broader ...