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 ...

The Consumer Financial Protection Bureau is embarking on a new open banking proposal that pits banks against fintechs and underscores the difficulty of crafting a rule that gives consumers access to ...

Most people within financial services are familiar with the term open banking, the concept of allowing data to flow in a controlled fashion from one repository to another, i.e. from banks to third ...

Keeping up with your financial affairs generally requires managing numerous accounts across several different websites and apps. Checking your accounts with multiple logins can be cumbersome.

Since the inception of open banking, I have been advising banks and corporations on their open banking strategies; however, the term itself still baffles me. If you search for “open banking,” there is ...

TORONTO, April 17 (Reuters) - Canada, a laggard in open banking concept, announced new measures that could allow consumers' financial data to be shared, a move that could encourage innovation, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Interest is growing quickly - no doubt accompanied by some ...

It may be hard to know the difference between Socialism and Communism for some. I think the same dilemma exists between Open Banking and Platform Banking definitions – as both sound very similar but ...

Open banking is a new regulatory framework that will help Canadians manage all of their finances more efficiently and securely. Many or all of the products on this page are from partners who ...