Analysis, Financial Stability, Regulation & Supervision

US open banking push throws up new risks

By John Hintze
Image: Getty Images

Supervisors are eyeing up the risks to financial stability as open banking practices become more commonplace in the US.

Open banking lets consumers easily share chosen banking data with third parties like apps and other financial service providers, promoting greater competition and innovation. However, supervisors warn ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

Analysis, Markets
May 30, 2024

UK banks look beyond T+1 horizon to a T+0 future

Four banks set to join Lloyds, Santander and UBS in real-time payments pilot 
Read more