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Dan Murphy
Founder of Sunset Park Advisors and former CFPB official who helped craft the agency’s open banking rule. Provides regulatory and market insights on open banking.
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Aug 20, 2025
• 1h 15min
Inside Open Banking’s Rule, Reversal, and Reset
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Dan Murphy, Founder of Sunset Park Advisors and former CFPB official, shares his insider knowledge about the transformative journey of open banking regulations. He highlights the surprising bipartisan consensus that initially supported the rule and examines how JPMorgan's API fee strategy backfired, uniting various stakeholders against it. The conversation also delves into unresolved issues like data access fees, liability in cases of error, and the future of data portability in a rapidly changing financial landscape.
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