Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Open banking is revolutionizing financial services by enabling secure data exchange between ...

The U.S. is well behind other countries in implementing open banking and delivering its benefits to customers. Brazil's success in that area can serve as a useful model, writes Ximena Aleman, of ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. 2024 saw the UK achieve a great deal. We saw the completion of the Competition and Markets ...

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 ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

It’s hard to believe that it’s been seven years since the Second Payment Services Directive (PSD2) was implemented in the UK. While the name isn’t exactly attention-grabbing, the impact it has had ...

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 ...

This week, the United Kingdom governmental organization Open Banking Limited celebrated the seventh anniversary of PSD2 and the creation of open banking. Open Banking Limited is the implementation ...

A federal judge granted the Financial Technology Association the right to intervene in the Consumer Financial Protection Bureau's open banking rule, allowing the fintech industry to defend a rule on ...

The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA, an advocate ...