US banks prepare for new era of consumer financial data sharing
Open Banking rule aimed at making it easier for consumers to switch providers, access better rates
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a long-awaited rule aimed at fueling more competition for financial products and services. Under the Consumer Financial Protection Bureau’s open banking measure, consumers will be able to demand, download and transfer their highly-coveted data to another […]
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