The U.S. is well behind other countries in implementing open banking and delivering its benefits to customers. Brazil's success in that area can serve as a useful model, writes Ximena Aleman, of ...

SSBs are set to play a pivotal role in the open banking structure contemplated by the CFPB’s Final Rule. They are to be “fair, open and inclusive” industry bodies that meet specific requirements for ...

Henk van Hulle, CEO of OBL, says: “In just eight years, Open Banking Limited has helped build an ecosystem that people and ...

The Consumer Financial Protection Bureau (CFPB) finalized its long-awaited Personal Financial Data Rights rules under Section 1033 of the Dodd-Frank Act, marking a significant milestone in the ...

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images) The Consumer ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

Open banking is revolutionizing financial services by enabling secure data exchange between banks and third-party providers. The European Union’s Revised Payment Services Directive (PSD2) played a ...

Africa’s payments landscape just shifted. Flutterwave—the continent’s largest fintech company—announced its acquisition of ...

Payments group Flutterwave acquires open banking specialist Mono as it builds bank-based payment and data infrastructure ...

African payments technology company Flutterwave has acquired Nigerian open banking infrastructure firm Mono.

Flutterwave, Africa’s largest fintech by reach and scale, has moved to strengthen its position in digital financial services ...