FDATA in the News

In addition to a multitude of innovations, the Industrial Revolution was significantly impacted by the railroad. The Iron Horse allowed goods to travel in days across the American continent that would previously have required months, fueling the factories and workers in American cities that turned this nation into an economic powerhouse.

The debate over screen scraping has long pitted banks against fintech companies, but it has also recently captured the interest of another powerful interest group: Silicon Valley.

For those who believe passionately in the democratization of consumers’ financial data, the Consumer Financial Protection Bureau’s new interest in protecting third-party access to such data is a significant victory.