The court reasoned that Section 1033 authorizes banks to provide data to consumers and fiduciary-type representatives, not to commercial third parties such as fintech companies. It also explained that ...

On Oct. 29, 2025, the Consumer Financial Protection Bureau (CFPB) withdrew its proposed rule that would have required certain nonbank financial companies subject to its supervisory jurisdiction to ...

Open Banking improves trust, transparency and access in SME finance. With live, verifiable information, the lending process ...

The Consumer Financial Protection Bureau is considering a proposal to reduce its oversight of auto finance lenders, saying ...

Much “soft switching” plays out among bank-industry titans: Most of the 10 firms with the largest shares of new accounts were big, traditional banks. The list also includes SoFi, a financial ...

Wells Fargo & Co. and PNC Financial Services Group Inc. are trying to force data aggregators and fintechs to use a ...

Advocates warn dropping the orders lets banks off the hook, leaving consumers with fewer protections from misconduct.

Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial ...

WATERFORD, Ireland, Nov. 03, 2025 (GLOBE NEWSWIRE) -- (MDC), a division of the OneTwenty Group, today issued a new analysis ...

Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and fellow Banking Committee Democrats have sent ...

Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens.

Loan approvals that once required several business days now close in minutes. For direct lenders, automation has become both a competitive differentiator and a cost-control strategy. Algorithms now ...