The Consumer Financial Protection Bureau received 13,979 public comments on its plan to revise rules governing data sharing under Section 1033 of the Dodd-Frank Act. The flood of feedback, a flurry of which came in towards, and on, the Oct. 21 deadline, underscores how central open...
The United Kingdom’s Financial Conduct Authority has partnered with Raidiam to help firms simulate and test data sharing in support of open finance. Raidiam will provide the companies participating in the FCA’s Smart Data Sprint that was announced Monday with access to a stable testing...
European regulators reportedly want to block American tech giants from a new financial data-sharing system. As the Financial Times (FT) reported Sunday (Sept. 21), the European Union aims to exclude Amazon, Apple, Google and Meta from this system, designed to allow for the development of...
JPMorgan Chase and Plaid have reached an accord amid a dispute over FinTech access to customer data. The two companies announced Monday (Sept. 15) that they have renewed their data access agreement, which includes a pricing structure to ensure consumers can continue to access their data “safely, securely, quickly and...
August 27, 2025
Watch more: Entersekt Warns Banks Can’t Beat Crime With Old Data Alone In the battle against financial crime, data is both the sword and the shield. Fraudsters are faster, more sophisticated and more global than ever. Banks, payment providers and FinTech firms must respond with a mix of vigilance, agility and intelligence, built on information […]
April 28, 2025
Back in 1999, payment networks introduced the first version of the 3-D Secure authentication protocol, which sought to add security to online credit card transactions. 3DS 1.0, as it is...
April 09, 2025
During the pandemic, the government extended a $1.2 trillion lifeline through the Paycheck Protection Program (PPP). Four years on, the sobering stats show that the Small Business Administration was victimized...
February 12, 2025
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 Technology Association (FTA), is seeking to...
March 02, 2026
England’s competition watchdog is investigating three international hotel chains for their data-sharing practices. The Competition and Markets Authority (CMA) announced Monday (March 2) that it was looking into the suspected sharing of “competitively sensitive information” among Hilton, Marriott and IHG Hotels. The three chains used the hotel data analytics tools STR from CoStar, which is also under investigation, the CMA added. The regulator noted […]
October 13, 2025
The United Kingdom’s Financial Conduct Authority has partnered with Raidiam to help firms simulate and test data sharing in support of open finance. Raidiam will provide the companies participating in...
September 21, 2025
European regulators reportedly want to block American tech giants from a new financial data-sharing system. As the Financial Times (FT) reported Sunday (Sept. 21), the European Union aims to exclude...
September 16, 2025
JPMorgan Chase and Plaid have reached an accord amid a dispute over FinTech access to customer data. The two companies announced Monday (Sept. 15) that they have renewed their data access agreement, which includes a...
