Is open banking an aspirational slogan, a discrete business model or a regulatory regime?
Browsing: Customer data access
Two-thirds of consumers who use nonbank fintech apps are extremely concerned or very concerned about data privacy, according to a recent survey conducted for the Clearing House.
The Treasury Department today issued a long-awaited report recommending changes to laws and regulations affecting nonbank financial providers and the broader fintech environment.
Even if starting small, banks can begin to leverage open frameworks for trusted innovation.
Today’s banking challenge isn’t getting more customers. It’s getting the right customers.
With the General Data Protection Regulation — the European Union’ new regulation governing the use of EU personal data — taking effect today, ABA has developed several resources bankers can use to help them approach compliance.
As the Treasury prepares to issue its report on nonbank fintech issues, ABA today released a white paper featuring several fintech policy recommendations that would facilitate innovation both inside and outside of the regulated banking system and promote partnerships between banks and nonbanks.
Breaking down the wide-reaching implications of Europe’s new data privacy regulation.
The Financial Services Information Sharing and Analysis Center today unveiled an updated API — available to banks free of charge — to facilitate secure, tokenized transfer of customer data.