The stop-start journey towards the introduction of an open banking regulatory regime in the US has taken its latest twist, with fintech and banking representative associations locking horns over so-called ‘account access’ fees. A ‘Personal Financial Data Rights’ rule had been finalised by the Consumer Financial Protection Bureau (CFPB) last October (2024), which looked set to […]|
Baft (Bankers Association for Finance and Trade) has appointed Nick Smit, global head of financial institutions banks at ING, as chair of its board of directors for the 2025-26 association year. He succeeds Suresh Subramanian, head of North America for transaction banking at BNP Paribas, who has served as chair since 2023 and oversaw the…| Global Trade Review (GTR)