In honor of Consumer Protection Week, FDATA is highlighting a core principle of modern consumer protection: consumers should control their own financial data. Strong, enforceable data rights under Section 1033 ensure Americans can securely access and share their information with the services and tools of their choice—without unnecessary fees, friction, or restrictions.
We’ve launched our new website! 🌐
FDATA represents the companies powering #OpenBanking + #OpenFinance — advocating for secure, consumer-permissioned data access in the U.S. and Canada.
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#ConsumerDataRights #FinancialInclusion
Open Banking & Open Finance Advocacy for Innovation | FDATA
FDATA drives open banking and open finance adoption worldwide, supporting fintech innovation, digital transformation, and ...
fdata.global
The principle of OPEN BANKING and data sovereignty over financial data is paramount for consumers, and one we believe to be inherent.
Read our response to the CFPB's rule-making process on Rule 1033
Open banking as pivotal for consumer choice and financial freedom
Consumers own their accounts and financial data, and they should have portability over that information while seeking ...
consumerchoicecenter.org
🚨Today, a coalition of trade associations is urging the CFPB to preserve open banking and protect Americans’ financial freedom.
Signers include:
FTA | @FintechPolicyUS | @BlockchainAssn | @crypto_council | @FDATAnorth | @NACSonline | @NationalGrocers | @NRFnews
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Open banking enables a consumer to connect their contracted financial institution to the services they wish to choose in order to expand their spectrum of choice in how they conduct their financial transactions.
via @ConsumerChoiceC
Open banking as pivotal for consumer choice and financial freedom
Consumers own their accounts and financial data, and they should have portability over that information while seeking ...
consumerchoicecenter.org
