U.S. Open Banking Leads to Financial Innovation and Leadership – Accountant Log
1 Articles
1 Articles
U.S. Open Banking Leads to Financial Innovation and Leadership – Accountant Log
Despite popular narrative, the U.S. open banking movement was not initiated by democrats or the Biden administration. In fact, it was President Trump who first laid the groundwork for this innovative movement by introducing common-sense rules-of-the-road for open banking in 2018. President Trump’s commitment to open banking was evident in his Treasury Department’s report, “A Financial System That Creates Economic Opportunities: Nonbank Financial…
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