Visa abandons open banking in US as data-access debate rages

Date:

Share post:


Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher fees for customer information, according to people familiar with the matter. The payments company has closed its open-banking operations, which provide technology to help third parties such as financial-technology firms access customer-account data, the people […]



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

4 Client Red Flags Small Consulting Firms Often Catch Too Late

New consulting firms hungry for revenue sometimes overlook warning signs that a customer may actually hurt your...

Never 👎 Invest in IPO but Why? | Share Market Knowledge

Start Investing in the Share Market: 👉 Open a Free Demat Account on Upstox: - NO AMC Charges...

1098-T Explained: Scholarships, Taxes, and Credits

Key PointsForm 1098-T is an informational tax form that reports how much you paid for tuition, along...

MBA, lenders rally behind Housing for 21st Century Act

As the House prepares to vote next week on the Housing for the 21st Century Act, mortgage...