May 8, 2025

Open Banking

Banking

CFPB to amend or reissue 1033 open banking rule, experts say

The Consumer Financial Protection Bureau is expected to amend, or rescind and reissue, the rule on consumer financial data rights, potentially throwing out years of work under the Biden administration on a regulation that banks have long opposed, experts say.  How the Trump administration will change the open banking rule is still unknown, but there

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Banking

Bespin Global expands open banking offerings via partnership

Bespin Global, an international cloud management and consulting firm for banks, is seeking to help U.S. banks build their open banking tech stack through a partnership with London-based Ozone API. The move comes as U.S. banks work to implement the open banking rule that was finalized by the Consumer Financial Protection Bureau last year. The

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