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17min chapter
S9 E1: Fintech Recap: The New FDIC Rule, Visa's Antitrust Fight, and Open Banking's Next Steps
Fintech Takes
Navigating Open Banking Standards
This chapter explores the forthcoming CFPB rule on personal financial data rights and the progression towards standardized API use in open banking. It addresses the representation issues within the Financial Data Exchange and the implications of recent leadership changes, as well as the challenges faced by smaller banks and fintechs. The discussion further considers the role of the CFPB in developing neutral standards and the competitive landscape among various financial institutions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode