FDATA

FDATA supports NY’s Financial Data Rights Act (A10640 / S09483), led by @clydevanel & @RachelMayNY, ensuring consumers can securely access & share their data — at no cost. Appreciate the leadership from @ConsumerReports tinyurl.com/3b2dyfxt #OpenBanking #Fintech

🚨 FDATA’s Steve Boms testified before @FinancialCmte on modernizing financial data privacy. Key message: consumer consent should rule the day. Consumers must be able to securely access, use, and share their financial data with providers of their choice. tinyurl.com/2s4c45tn

FDATA Exec. Director #SteveBoms in @FinTech_Futures on Canada’s open banking rollout: Clear API standards and proportionate, tiered accreditation will be key to building a competitive ecosystem—while secure APIs can strengthen data security for consumers. tinyurl.com/mwjtwxn8

National Consumer Protection Week reminder: The best way to protect consumers is to let them control their own financial data. Strong Section 1033 rules should guarantee secure access and sharing—without fees or friction. tinyurl.com/4wwamc4y #NationalConsumerProtectionWeek

This week, FDATA submitted comments to the Ohio Division of Securities supporting its revised investment adviser rule and its clear distinction between read-only, investor-permissioned data access and transactional authority. tinyurl.com/yz7ws33j #InvestorProtection

Today, FDATA has submitted comments to CA DFPI on its proposed registration & reporting framework, urging a function-based approach that protects consumer-permissioned data access and avoids regulatory overreach. Read more 👇 🔗 tinyurl.com/u3pa4pts #OpenBanking #OpenFinance

#SteveBoms joins @AlexH_Johnson & former CFPB official #DanMurphy to explain how Canada may be leapfrogging the U.S. on open banking—by learning from global missteps and building a more deliberate regulatory framework. 🎧podcasts.apple.com/us/podcast/can… #OpenBanking #FintechTakesPodcast

Open finance isn’t about banks vs. fintechs—it’s about whether consumers can move their data and force the market to compete on price, quality, and service. New op-ed by #SteveBoms in @fintech_weekly: fintechweekly.com/news/open-fina… #Section1033 #OpenFinance

🎙️ New episode is live! Peter Renton (@peterrenton) welcomes #SteveBoms, Executive Director of @FDATAnorth, on Fintech One-on-One for a deep dive on #openbanking & #Section1033. Why consumer data rights, fees, and competition are colliding right now👇 tinyurl.com/2wa62p9z

#Steve was featured in @theOpenBanker with analysis on the risks of fintech regulatory fragmentation in the U.S. The Fractured Frontier explores why state rules on data privacy, digital assets, and AI now carry real implications for U.S. competitiveness. tinyurl.com/3jn52eeh

We are pleased to welcome Kat Cloud, Head of Government Relations at @Sumsub, to our Board of Directors. Kat brings deep expertise in digital identity, fraud prevention, and financial regulation as open banking frameworks continue to evolve. Read more: tinyurl.com/78a5d9ru

FDATA Executive Director #SteveBoms was featured in the @TorontoSun arguing that privacy works best when consumers can see, control, and direct their own data. As Canada moves forward with the CDBA, it’s time to deliver real consumer data rights. 🔗 tinyurl.com/5n88y76n #OB

Today, FDATA submitted comments to the #OCC urging clarity that consumer-permissioned data access under Section 1033 is not traditional third-party outsourcing. Clear distinctions matter for community banks, consumer choice, and innovation. tinyurl.com/2arsaa8k #OpenBanking

New report from the @CompBureau finds data portability could save Canadians $1.1–$3.8B per year in insurance alone. Lower switching costs. More competition. Better outcomes for consumers. #OpenBanking and #DataMobility matter and the economic case shows. tinyurl.com/3yyxyv3e

@Plaid's Head of Policy, Danielle Aviles Krueger, was featured in the latest FDATA member spotlight, sharing how consumer-permissioned data access is driving innovation, improving financial outcomes, and strengthening competition across financial services. tinyurl.com/bjxzrsud

📢 Canada’s Consumer-Driven Banking Act is advancing and @OpenBankingExpo is where the industry meets to define what’s next. 3 stages. 80+ speakers. 600+ leaders. One defining event. Use FDA20 for 20% off 🎟️ bit.ly/3EBdigC

We’re pleased to welcome @PrometeoAPI to FDATA. Prometeo brings strong expertise in bank connectivity, payments, and financial data access across the Americas—supporting secure, consumer-permissioned open finance. #FDATA #Fintech #OpenFinance tinyurl.com/4u4p3s4m

🚨 Fraud is getting smarter and more complex. In our latest FDATA Member Spotlight, @sumsub's Kat Cloud and FDATA’s Steve Boms break down emerging fraud trends, AI-driven risks, and why digital identity is critical to protecting consumers in open finance. youtube.com/watch?v=_PSZco…

APIs enable access—but identity enables trust. In @sumsub for Experts, Steve Boms (FDATA) joins Kat Cloud to explain why digital identity is critical for secure, scalable open banking. ▶️ Check out this video: youtube.com/watch?v=5Rt5yK… #OpenBanking #DigitalIdentity #Fintech

🎧 On Marketplace Morning Report, our Executive Director #SteveBoms explains why the Open Banking Rule matters and why consumers shouldn’t have to pay to share their own financial data. 🎙️ Listen here: tinyurl.com/weztchnm #OpenBanking #Fintech #Section1033 #ConsumerData