Open Banking Backlash: How Canceled Rules Affect Your Bank—and Your Bottom Line

DONNA DELAROSABlog

The CFPB recently hit pause on the proposed Open Banking rule—a move that caused quite a stir among financial transparency advocates. Critics argue it stifles innovation and complicates data sharing. But as regulations shift, there’s a bigger question: how does this impact your bank’s receivables? At Caine & Weiner, we’ve been navigating financial headwinds for over 90 years—and one thing …

When Open Banking Closes Doors: What Banks Need Now in a Shifting Regulatory Landscape

DONNA DELAROSABlog

In a surprising twist, the CFPB’s decision to pull back on its open banking rule has sent ripples through the financial world. Open banking was supposed to usher in a new era of transparency, connectivity, and innovation—but with regulators stepping back, banks are left to fill in the gaps and face growing uncertainty. While tech companies and fintechs debate what’s …