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 ...

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 ...

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.

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 ...

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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. 13 January marks the eighth anniversary of PSD2 and the ...

It might not be the most glamorous tale of innovation, but regulatory changes in England in 2018 opened the gate to the promised land of banking data. The open banking revolution, which regulated ...

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. This is an excerpt from Finextra’s report, 'The Future of Digital Banking ...

Kranti Talluri explains why a lack of clarity and legislation supresses innovation and endangers the fintech industry's ...

The fintech sector has been hugely successful (and hugely profitable) for much of the last decade, and even more so during the pandemic. But it might come as a surprise to learn that many in the ...

SIR: After years of anticipation, the Central Bank of Nigeria (CBN) has finally approved the rollout of open banking, with full implementation expected in August 2025. While it may sound like just ...