The UK's financial sector is proactively enhancing consumer protection in the dynamic open banking sector. Open Banking Limited (OBL), the entity in charge of this tech-driven banking sphere, is set to receive a significant £10 million boost. This investment aims to strengthen OBL’s ca
The Consumer Financial Protection Bureau (CFPB) is guiding the evolution of open banking regulations. By setting a deadline for the Personal Financial Data Rights rule by fall 2024, the CFPB plans to give consumers greater control over their financial data. This initiative is a key component in the
