FinTechs

Open Banking Transactions Dwarfed by Card Payments in UK

Open Banking Transactions Dwarfed by Card Payments in UK
Open Banking Transactions Dwarfed by Card Payments in UK
May 26, 2025  |  Payments Innovation

Has open banking lived up to its potential in Great Britain? So far, not really, the Financial Times (FT) argued in a report Monday (May...

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Banks Navigate Digital Asset Boom, Regulatory Shift Amid Economic Headwinds
Banks Navigate Digital Asset Boom, Regulatory Shift Amid Economic Headwinds
May 26, 2025  |  Banking

We’re not quite at the halfway point of the year — that will come June 30 — but the long weekend offers time to pause...

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CFPB’s Move to Rescind Rule 1033 Creates Uncertainty in Open Banking
CFPB’s Move to Rescind Rule 1033 Creates Uncertainty in Open Banking
May 25, 2025  |  Banking

Apparently, the days of Rule 1033 are numbered. In fact, as of Sunday (May 25) they might be down to four, as the Consumer Financial...

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Digital Blind Spots Leave FinTech Firms Exposed as Cyber Litigation Explodes
Digital Blind Spots Leave FinTech Firms Exposed as Cyber Litigation Explodes
May 15, 2025  |  Legal & Regulation

The internet may have rewritten data rights, but courts are starting to catch up. The lawsuits of the future are already being drafted today, and...

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CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
May 13, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) is proposing to rescind the “NBR Rule” it adopted last summer that established a registry of nonbank financial companies that...

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CFPB Open Banking Review Could Place Banks and FinTechs at Odds
CFPB Open Banking Review Could Place Banks and FinTechs at Odds
May 13, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) is preparing to review its open banking rule. That rule was issued by the CFPB last fall, covering consumer-permissioned...

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Byline Bank Expands Payments and FinTech Banking Units
Byline Bank Expands Payments and FinTech Banking Units
May 12, 2025  |  Banking

Byline Bank is boosting its embedded finance efforts by expanding its payments/FinTech division. The Chicago-based lender announced in a Monday (May 12) news release that...

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Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
May 09, 2025  |  Banking

Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels....

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