financial data

Financial data consists of pieces or sets of information related to the financial health of a business. The pieces of data are used by internal management to analyze business performance and determine whether tactics and strategies must be altered.

Source: study.com

Court Battle Could Reshape Consumer Financial Data Landscape
Court Battle Could Reshape Consumer Financial Data Landscape
February 12, 2025  |  Bank Regulation

The fight over the CFPB’s status and, in particular, the future of Open Banking Rule 1033 is on. A Washington, D.C.-based trade group, the Financial...

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Plaid and Algebrik Launch CU-Focused Loan Origination Platform
Plaid and Algebrik Launch CU-Focused Loan Origination Platform
February 03, 2025  |  Partnerships

Plaid has launched a partnership with loan origination platform Algebrik AI. The collaboration, announced Monday (Feb. 4), will integrate Plaid’s consumer-permissioned data with Algebrik, allowing for easier identity verification,...

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Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
January 23, 2025  |  Investments

Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to...

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Citi and Barclays Back Financial Data Collection Firm Validis
Citi and Barclays Back Financial Data Collection Firm Validis
January 14, 2025  |  Investments

Financial data collection firm Validis has received strategic investments from Citi and Barclays. The two banking giants will use U.K.-based Validis’ platform to automate financial...

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CFPB’s Open Banking Standardization Push Faces Legal, Logistical Hurdles
CFPB’s Open Banking Standardization Push Faces Legal, Logistical Hurdles
January 09, 2025  |  CFPB

The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how...

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Finance Leaders Use Data-as-a-Service to Flip the Switch on Real-Time Treasury
Finance Leaders Use Data-as-a-Service to Flip the Switch on Real-Time Treasury
December 16, 2024  |  B2B Payments

Today’s treasury operations are a far cry from your father’s, as the saying goes. Agility, powered by real-time insights and dynamic decision-making, is increasingly allowing...

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How to Take a Flamethrower to Free Trapped Treasury Data
How to Take a Flamethrower to Free Trapped Treasury Data
December 04, 2024  |  Spend Management

Not all data is created equally. And for 21st century finance and treasury teams attempting to navigate today’s atypical and dynamic economic environment, it’s not...

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Banking Trade Associations Sue CFPB to Block Data Sharing Rule
Banking Trade Associations Sue CFPB to Block Data Sharing Rule
October 22, 2024  |  CFPB

The Bank Policy Institute and the Kentucky Bankers Association filed a lawsuit Tuesday (Oct. 22) challenging the Consumer Financial Protection Bureau’s (CFPB) final rule on...

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Open Banking’s Moment of Truth: How Will Section 1033 Change the Game?
Open Banking’s Moment of Truth: How Will Section 1033 Change the Game?
October 16, 2024  |  Bank Regulation

You’ve heard of the October surprise. The term applies to politics, to a bombshell or report that upends a race. And sometimes the event brings...

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