Survey: Data Privacy Growing as Concern; Banks Seen as Trusted
In an era of frequent data breaches and growing concern over technology companies’ use of consumer data, nearly three-quarters of ...
Tag: Customer data access
New Credit Score Unveiled Drawing on Bank Account Data
Experian, FICO and Finicity today announced a new credit score, called the UltraFICO score, as part of a bid to ...
FS-ISAC Launches Framework to Address Secure Exchanges of Bank, Nonbank Data
As more consumers seek to use various nonbank fintech solutions that depend on bank-based data, the Financial Services Information Sharing ...
ABA: Federal Data Privacy Law Must Recognize Banks’ Existing High Standards
Ahead of a Senate Commerce Committee hearing on consumer data privacy today, ABA in a statement submitted for the record ...
Banking’s Open Door Policy
Is open banking an aspirational slogan, a discrete business model or a regulatory regime?
Commerce Department Unveils Approach to Consumer Data Privacy
As part of an ongoing effort to modernize U.S. data privacy policy, the Commerce Department’s National Telecommunications and Information Administration ...
Survey: Consumers Worried about Third-Party Financial Data Access
Two-thirds of consumers who use nonbank fintech apps are extremely concerned or very concerned about data privacy, according to a ...
Treasury Recommends Pro-Innovation Updates to Fintech Regulation
The Treasury Department today issued a long-awaited report recommending changes to laws and regulations affecting nonbank financial providers and the ...
Building ‘Open Banking’ on a Platform of Trust
Even if starting small, banks can begin to leverage open frameworks for trusted innovation.
The Fintech Turning Point Is Here
Today’s banking challenge isn’t getting more customers. It’s getting the right customers.
