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
June 29- FDATA's comment letter focused on the interplay between this draft consultation and the concurrent development of Canada’s open banking framework, particularly the importance of clearly distinguishing third-party providers from open banking providers that will be accredited under the new OB system.
March 22, Washington, DC - The Financial Data and Technology Association (FDATA) of North America today issued a statement following the announcement that Abraham Tachjian will serve as Canada’s Open Banking Lead.
February 22, 2022, Washington, DC - Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Canada’s Department of Finance in Response to its 2022 Budget Consultation.
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