A Banking War Over Access to Your Data is Stifling Innovation

By Ethan Wolff-Mann | September 28, 2017 | Yahoo! Finance The sweeping post-financial crisis law known as Dodd-Frank requires banks and other financial service firms to make customers’ financial data available to them in a useable form. But some banks are not complying with the rules and have been blocking consumers from accessing their data such

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Envestnet | Yodlee: OCC Seeks To Make Banks Fintech Enforcers

The Office of the Comptroller of the Currency (OCC) last year announced to great fanfare – and some criticism – that it would pursue a path towards considering applications for special purpose federal banking charters from fintech companies involved in making loans, taking deposits, and/or clearing or cashing checks. The OCC’s proposal represented an effort

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New Fintech Leaders Join The Consumer Data Rights Group

Did you know that access to financial technology tools are being threatened? These services require a free and open system to deliver on their powerful promises of a more democratic financial services industry. Unlike many other places in the world, this essential consumer right has not been firmly established in the United States. The Consumer

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