As more and more pension schemes and providers are connecting to the dashboard data ‘ecosystem’, Ellie Duncan – author of Open Banking and Financial Inclusion – explores the lessons the pensions ...
The benefits of open banking are obvious and significant for consumers — especially those underserved by the current marketplace. Bankers and regulators should work to speed up its implementation, ...
In 2017, the UK introduced open banking, a concept born from an initiative by the Competition and Markets Authority (CMA) aimed at improving retail banking. The CMA required the nine largest retail ...
The financial services sector is experiencing a seismic shift with the advent of open banking, a new regulatory and technological framework that is redefining how consumers interact with financial ...
The financial industry just witnessed something extraordinary. While most of us were distracted by other headlines, some savvy banks quietly turned a massive regulatory headache into a revenue ...
A future glimpse into how mortgages will be created in 2035 can be found in a woodsy office park in Athens, Georgia. FormFree, a mortgage fintech founded in the midst of the Global Financial Crisis by ...
The CFPB’s personal financial data-rights rule provides a legal framework to dramatically expand open banking in the United States and spur a host of innovative products. But first, the rule must ...
Citizens Bank's latest foray into open banking is aimed at the annoyance of switching recurring payments from one card or bank account to another, a hurdle the bank plans to ease through a mobile app ...
Every year lawmakers and regulators seem to find a new domain for cyber regulation and another set of standards for industry to digest and apply. While regulation of water utilities seems a likely new ...
Open banking in the UK is eight years old and has become an established part of the financial services sector, but its next phase will see it help create services beyond retail banking. Following the ...