The Consumer Financial Protection Bureau added payment apps and other financial products to its final open banking rule and in keeping with its focus on innovation, provided for some secondary uses of ...

LONDON (Reuters) - Britain's competition watchdog wants a new independent banking industry body to accelerate take-up of "open banking" apps to spawn new fintech companies and offer more choice to ...

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 ...

Through FIS’ Open Access platform, customers of FIS client banks and credit unions will be able to securely share their financial data with a greater number of financial institutions and apps. FIS ...

CFPB's open banking rule aims to boost competition Data aggregators and payment apps say rule promotes safe data transfer Banks legally challenge rule over process, data security concerns Fintech ...

Do you check all of your account balances on one app? Or use a digital wallet to split the tab with friends? Welcome to the world of open banking, made possible by banks sharing data with financial ...