A quote, often attributed to Lao Tzu, states, “Nature does not hurry, yet everything is accomplished.” For all those involved in open banking, these may feel like cold words of comfort, because ...

Much has been said and written about open banking in the last few years, and 2024 certainly saw it achieve significant traction. The U.K.’s open banking roadmap reached full completion, with the ...

Lee Fulmer, senior advisor at McKinsey and Chairman of the OpenUK Finance Advisory board, weighs in on why open banking is such a hard problem. His insights have important implications for the ...

America's financial system has always thrived on a delicate balance between innovation and security, freedom and fairness, and competition and consumer protection. That balance is what President ...

President Trump's first administration laid the foundation for open banking in the United States through market-oriented principles. His second administration now has the opportunity to build upon ...

Credit unions are taking on a more prominent role in UK lending. In 2024, lending grew by just over 10% to £2.58 billion, ...

Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that ...

Sears’s heroes are the providers of financial services products and data aggregators (many of them with ties to churches) to which, per the open banking rule, consumers’ financial data must be made ...

That’s not innovation. That’s theft. Alliance Defending Freedom founder Alan Sears recently argued that the rule is necessary to help faith-based groups and nonprofit organizations denied service by ...

Policymakers should recognize open banking as part of Canada’s response to economic abuse and small business resilience, not only as a competition or financial sector reform.