Open Banking

Consumers—not institutions—should control access to their financial data. FDATA has led advocacy in both the U.S. and Canada to ensure fair, secure, and competitive frameworks.

  • United States: Defending Section 1033 of the Dodd-Frank Act, engaging with the CFPB, and pushing back against bank-imposed barriers.
  • Canada: Supporting implementation of the Consumer-Driven Banking Act and advancing interoperability across provinces.
Open Banking inner img

Related Press Releases

FDATA Core Principles for Consumer Financial Data Rights

FDATA Core Principles for Consumer Financial Data Rights

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.
No results found.