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Larger FIs may need more time to implement open banking | Bank Automation News

Larger FIs may need more time to implement open banking | Bank Automation News

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Open banking regulation is quickly approaching but financial institutions are asking the Consumer Financial Protection Bureau to extend the timeline for implementation.  FIs are expected to have an open banking framework in place within six months, according to the CFPB’s proposal. However, trade groups including American Bankers Association and The Clearing House, are requesting that […]

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Vaidik Trivedi

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