Recently, JPMorgan Chase announced a shift in how it manages access to consumer banking data, introducing new data access fees for third-party aggregators. While the move focuses on infrastructure ...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition expanded Flutterwave’s platform beyond payments into banking ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The company has successfully updated the model bank to support the ...
1) An academic study titled “Open data and API adoption of US Banks” which equates the use of APIs with open banking, and 2) a Pymnts article titled “46% of US Consumers Say They’re Ready for Open ...
Payments group Flutterwave acquires open banking specialist Mono as it builds bank-based payment and data infrastructure ...
For years, traditional banks built their reputations on physical branches and face-to-face customer relationships. But today, they face an existential challenge: nimble Fintech startups are emerging ...
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 ...
Forbes contributors publish independent expert analyses and insights. The Consumer Financial Protection Bureau (CFPB) issued a final rule to implement Section 1033 of the Consumer Financial Protection ...
Visa is reportedly at least pausing its open banking product in the U.S., drawing attention to new regulatory and financial complications surrounding data sharing. Processing Content "This highlights ...
Imagine a rule that forced banks to hand over your bank account credentials and sensitive transaction information to third parties with no guarantee of security, and all for free. It’s no fantasy–this ...