American Fintech Council

Nothing beats remote working in Montana. Thank you @AlexH_Johnson @workweekinc for an amazing couple days. On to @FintechPolicyUS 🛫

Is Open Banking at a Crossroads, or at a Dead End? JPMorgan Chase is now charging for access to customer data, just as the CFPB’s Section 1033 “open banking” rule faces legal fire from Wall Street and state banks (and maybe even the CFPB itself?) Who stands to win, and who loses? This week on the @Breakingbanks1 Fintech Podcast, I sit down with two leaders shaping the fight: @YPGoldfeder of the @FintechPolicyUS and @pennyleedc of the @fintechassoc. We’ll tackle the big questions: Are new fees on fintechs a rational cost of doing business, or an unnecessary tax on consumer choice? Should access to our financial “grid” be regulated like utilities, left to market forces, or somewhere in between? What will actually drive innovation that benefits real people? If you care about the future of financial access, consumer rights, and the true meaning of “open” banking, you won’t want to miss this one. Tune in on Thursday on @provokecast, or wherever you get your podcasts and join the debate. Your perspective matters more than ever. What other questions should I ask Phil and Penny?