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AFC Series: Open Finance Showdown: Suits, Countersuits, and the Future of Financial Data
Manage episode 477169833 series 2636968
Open Banking has become one of the most significant regulatory challenges of the last decade, with global implications for both financial services and consumers. As financial institutions and consumers navigate the evolving landscape of data sharing, the U.S. has recently introduced new regulations that may reshape the future of financial innovation. In this episode, we explore the launch of the Consumer Financial Protection Bureau's Final Rule for Open Banking, its mixed reception, and the lawsuits that followed its finalization.
Hosts: Rachel Morrissey, Money20/20 US
Phil Goldfeder, CEO, American Fintech Council
Guest: Alexandra Barrage, Partner, Troutman Pepper Locke
Follow us on LinkedIn
Chapters
1. AFC Series: Open Finance Showdown: Suits, Countersuits, and the Future of Financial Data (00:00:00)
2. Welcome to The Money Pod (00:00:05)
3. Understanding Open Finance vs Open Banking (00:02:41)
4. Global Perspective on Banking Frameworks (00:05:20)
5. CFPB Rule 1033 and Industry Response (00:08:23)
6. Liability Issues and Bank Concerns (00:14:27)
7. Political Impact on Open Finance (00:19:39)
8. The Future of Financial Regulation (00:28:31)
157 episodes
Manage episode 477169833 series 2636968
Open Banking has become one of the most significant regulatory challenges of the last decade, with global implications for both financial services and consumers. As financial institutions and consumers navigate the evolving landscape of data sharing, the U.S. has recently introduced new regulations that may reshape the future of financial innovation. In this episode, we explore the launch of the Consumer Financial Protection Bureau's Final Rule for Open Banking, its mixed reception, and the lawsuits that followed its finalization.
Hosts: Rachel Morrissey, Money20/20 US
Phil Goldfeder, CEO, American Fintech Council
Guest: Alexandra Barrage, Partner, Troutman Pepper Locke
Follow us on LinkedIn
Chapters
1. AFC Series: Open Finance Showdown: Suits, Countersuits, and the Future of Financial Data (00:00:00)
2. Welcome to The Money Pod (00:00:05)
3. Understanding Open Finance vs Open Banking (00:02:41)
4. Global Perspective on Banking Frameworks (00:05:20)
5. CFPB Rule 1033 and Industry Response (00:08:23)
6. Liability Issues and Bank Concerns (00:14:27)
7. Political Impact on Open Finance (00:19:39)
8. The Future of Financial Regulation (00:28:31)
157 episodes
All episodes
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