Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...
2014 has seen an explosion of mobile banking demand and services. But as the channel grows, so do the threats against it. What are today's top threats, and how can institutions offer more secure ...
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 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 ...
WASHINGTON, Aug 21 (Reuters) - The U.S. Consumer Financial Protection Bureau on Thursday kicked off a do-over of its "open banking" regulations governing consumer control over the sharing of their ...
Crypto and fintech groups are urging Trump to defend open banking rules, warning the case could affect access to wallets, DeFi apps, and stablecoins. A coalition of trade groups representing the ...
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Canada prepares for open banking
Canada’s Finance Ministry has been holding discussions with stakeholders for several years about introducing open banking, which uses secure application programming interfaces (APIs) to share ...
Senate Banking Committee Chair Tim Scott, R-S.C., and committee ranking member Elizabeth Warren, D-Mass. Scott and Warren were among the recipients of a letter from consumer advocates asking for ...
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Expert flags cyber risks for Nigerian fintechs
Chief Information Security Officer Akinwumi Ayodele has outlined the top five cyber risks that fintech organisations in Nigeria must monitor closely this year, highlighting the shift from simple scams ...
On October 29, the U.S. District Court for the Eastern District of Kentucky granted a preliminary injunction prohibiting the Consumer Financial Protection Bureau from enforcing its Personal Financial ...
Evolving customer and market demands are rapidly reshaping the financial services landscape, pushing institutions to transition from closed, product-focused systems to open, customer-centric platforms ...
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