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 ...

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 ...

The Consumer Financial Protection Bureau (CFPB) finalized its “open banking” rule in late 2024. As required by Section 1033 of the Consumer Financial Protection Act, the CFPB promulgated the rule to ...

Forbes contributors publish independent expert analyses and insights. The Consumer Financial Protection Bureau (CFPB) issued a final rule to implement Section 1033 of the Consumer Financial Protection ...

The Consumer Financial Protection Bureau (CFPB) announced that it was issuing a Notice of Proposed Rulemaking regarding Personal Financial Data Rights on October 19, 2023. The proposed rule (Proposed ...

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 ...

Below are five indicators that Open Banking data may not be telling the full story. When Open Banking data is ingested ...

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 ...

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, ...

The market size of open banking is projected to surpass $48 billion dollars in 2026, continuing double-digit annual growth. While much of this share has been dominated by banks in Europe and Latin ...