Transactional data vendors brace for Open Finance in US
Sondra Campanelli, Head of News and Marketing (London)
The US transactional data landscape could see itself upended by the introduction of Open Finance after President Biden signed an executive order in July to start exploring the process. Under the new regulatory regime, incumbent providers could suffer damage to panel stability and increased competition from new entrants.
If you’re unfamiliar with Open Banking/Open Finance and wish to read our deep-dive explainer on the topic, click here.