PYMNTS-MonitorEdge-May-2024

financial data

Financial data consists of pieces or sets of information related to the financial health of a business. The pieces of data are used by internal management to analyze business performance and determine whether tactics and strategies must be altered.

Source: study.com

Banking Trade Associations Sue CFPB to Block Data Sharing Rule
Banking Trade Associations Sue CFPB to Block Data Sharing Rule
October 22, 2024  |  CFPB

The Bank Policy Institute and the Kentucky Bankers Association filed a lawsuit Tuesday (Oct. 22) challenging the Consumer Financial Protection Bureau’s (CFPB) final rule on...

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Open Banking’s Moment of Truth: How Will Section 1033 Change the Game?
Open Banking’s Moment of Truth: How Will Section 1033 Change the Game?
October 16, 2024  |  Bank Regulation

You’ve heard of the October surprise. The term applies to politics, to a bombshell or report that upends a race. And sometimes the event brings...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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Plaid Adds Products, Partnerships Aimed at Serving Enterprise Customers
Plaid Adds Products, Partnerships Aimed at Serving Enterprise Customers
July 02, 2024  |  Digital Banking

Plaid has been rolling out new products and partnerships in recent months, offering additional resources to a broader range of customers, including enterprises. For example,...

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How AI Helps the Enterprise Collaborate on Sensitive Data
How AI Helps the Enterprise Collaborate on Sensitive Data
June 20, 2024  |  artificial intelligence

More high-quality data is being produced today than at any other period in history. This data, in vast and incomprehensible amounts, is being produced by...

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Toggle AI Acquires Atom Finance to Bolster Investment Platform
Toggle AI Acquires Atom Finance to Bolster Investment Platform
May 15, 2024  |  Acquisitions

Toggle AI says it is acquiring financial data/analysis platform Atom Finance. The company, which provides artificial intelligence (AI) solutions for investing to hedge funds, banks and brokerages, announced...

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CFPB Flags Gaming Data Practices, but Younger Consumers Comfortable Sharing Data
CFPB Flags Gaming Data Practices, but Younger Consumers Comfortable Sharing Data
April 18, 2024  |  Consumer Insights

The Consumer Financial Protection Bureau (CFPB) recently issued a report listing regulatory concerns around how gaming and virtual reality companies facilitate transactions and collect sensitive data....

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CFPB Director Calls for Stronger Data Protections
CFPB Director Calls for Stronger Data Protections
October 06, 2023  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and...

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Ntropy and Yapily Partner to Enhance Financial Data Standardization in UK, Europe
Ntropy and Yapily Partner to Enhance Financial Data Standardization in UK, Europe
September 05, 2023  |  Partnerships

Financial data standardization solution provider Ntropy has formed a partnership with open banking API infrastructure firm Yapily to enhance financial data standardization in the U.K....

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