Financial Services
FDATA actively engages with regulators to shape frameworks that empower consumers and safeguard markets.
Engagement includes:
- CFPB (U.S.): Supervision of non-bank markets and competition issues
- OCC, FDIC, Federal Reserve (U.S.), TPRM: Oversight of bank–fintech partnerships and payments.
- Finance Canada: Implementation of consumer-driven banking and open finance policies.
- OSFI (Canada): Third-party risk management and prudential oversight.
- FTC, SEC (U.S.): Data privacy and competition policy
Related Press Releases
February 7, 2022, Washington, DC - Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to the Office of the Superintendent of Financial Institutions (OSFI) as part of its public consultation on Draft Guidance B-13: Technology and Cyber Risk Management.
September 29, 2021, Washington, DC - Today, FDATA North America submitted a letter for the record for the U.S. House Financial Services Committee's Subcommittee on Consumer Protection and Financial Institutions hearing "The Future of Banking: How Consolidation, Nonbank Competition, and Technology are Reshaping the Banking System." The letter outlines FDATA North America's mission to advocate for a financial ecosystem in which the end user has complete utility of their financial data.
September 23, 2021, Washington, DC - Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to the US financial regulators as part of their proposed interagency guidance and request for comment on managing risks associated with third party relationships.
No results found.