Across the world, governments, regulators, banks and fintechs are talking about open banking, and also trying to follow the progress and success of UK Open Banking. They sense excitement, threat and opportunity, and there is much talk about innovation, security, standards and risk. But are we all talking about the same thing? What is ‘open banking’?
Open Banking in the UK: Setting the Record Straight
February 22, 2019
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The Financial Data and Technology Association, praised the Canadian government for using its 2026 budget to enable innovation and expand consumer choice by reaffirming its commitment to consumer-driven banking and extending data portability beyond financial services.
The Financial Data and Technology Association (FDATA) has submitted comments to the Colorado Department of Law regarding its draft Automated Decision-Making Technology and Conversational Artificial Intelligence Service rules. If finalized, the rules would implement the recently amended Automated Decision-Making Technology (ADMT) in Consequential Decisions Act.
Contact: Rebecca Mulholland, (703) 340-7215, rmulholland@allonadvocacy.com
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