The Consumer Financial Protection Bureau (CFPB) recently issued a report listing regulatory concerns around how gaming and virtual reality companies facilitate transactions and collect sensitive data. As “Banking in Video Games and Virtual Worlds” makes clear, the CFPB sees both industries processing transactions and collecting the...
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship. In a Friday (Oct. 6) speech at the Brookings Institution, Chopra emphasized the need for stronger protections against the...
Financial data standardization solution provider Ntropy has formed a partnership with open banking API infrastructure firm Yapily to enhance financial data standardization in the U.K. and across Europe. Through this partnership, Yapily’s customers will gain access to Ntropy’s artificial intelligence (AI)-powered financial data and enrichment...
Mobile wallets are a popular way to pay bills. As of Q1 2023, 60% of consumers had used a mobile wallet to pay bills in the previous 12 months. Mobile wallet providers largely meet consumers’ needs, with 89% of mobile wallet bill pay users saying...
June 16, 2023
Mobile wallets are a popular way to pay bills. As of Q1 2023, 60% of consumers had used a mobile wallet to pay bills in the previous 12 months. Mobile wallet providers largely meet consumers’ needs, with 89% of mobile wallet bill pay users saying they were at least somewhat satisfied and 61% reporting they […]
January 14, 2020
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new...
November 22, 2019
It’s been said cybercriminals look for the path of least resistance when they target businesses or online marketplaces to steal data or money. And, increasingly, online gaming platforms — attractive...
April 16, 2019
Being open about Open Banking means adopting technological change, even though there’s no requirement to do so. As Red Hat’s Justin Goldsmith, senior consulting architect, explains in the latest “State...
May 15, 2024
Toggle AI says it is acquiring financial data/analysis platform Atom Finance. The company, which provides artificial intelligence (AI) solutions for investing to hedge funds, banks and brokerages, announced the deal in a Wednesday (May 15) news release. No financial terms were released. “Atom Finance is a top provider of frontend infrastructure for banks, brokerages, wealth managers and fintechs,” the […]
October 06, 2023
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship. In a Friday...
September 05, 2023
Financial data standardization solution provider Ntropy has formed a partnership with open banking API infrastructure firm Yapily to enhance financial data standardization in the U.K. and across Europe. Through this...
May 09, 2023
Taktile has launched a marketplace that helps lenders access new data sources. The new Taktile Data Marketplace includes providers of traditional credit, identity, fraud, open banking, accounting and alternative data,...
