On the day of a would-be deadline, #OpenBanking is in flux

Despite the freeze on the CFPB's mandate, major banks are moving forward with API partnerships to meet consumer demand and end unsecure practices.

https://www.americanbanker.com/news/on-the-day-of-a-would-be-deadline-open-banking-is-in-flux

#FinTech #FinServ #Banking

On the day of a would-be deadline, open banking is in flux

As the CFPB reconsiders its open banking rule, banks and fintechs are locked in a bitter battle over who will pay for the new digital infrastructure.

American Banker